Goldman Sachs Nasdaq-100 Premiu is trading 1.8% up today as a major easing of geopolitical risk triggers a rally in Nasdaq-style growth assets.
- A tentative U.S.βIran peace agreement and the reopening of the Strait of Hormuz have driven S&P 500 and Nasdaq futures sharply higher.
- The de-escalation has led to lower oil prices and reduced rate-hike fears, providing a significant tailwind for AI-focused tech names and the broader information technology sector.
- The fund's tech-tilted portfolio is gaining as investors rotate back into risk-on assets following the sharp reduction in global risk premiums.