Roundhill Magnificent Seven ETF is trading 3.1% up today as investors rotate back into mega-cap tech and AI leaders amid a broad risk-on rally.
- A tentative U.S.-Iran peace agreement is pushing oil prices lower, easing inflation and interest rate worries which had previously pressured growth stocks.
- The improved macro outlook is powering growth-heavy indices like the NASDAQ and lifting concentrated Magnificent Seven exposure alongside the wider tech complex.