🟢 Schwab International Dividend Equity ETF is trading 4.84% up today after the Fed held rates steady and signaled a tighter-for-longer policy stance

Schwab International Dividend Equity ETF is trading at $33.82 (+4.84%) following the Federal Reserve’s June 17 decision to maintain interest rates at 3.50%-3.75%.

• The move is consistent with a macro-driven rotation toward defensive, income-oriented, non-U.S. equities as investors navigate elevated rate uncertainty and softening sentiment in the technology sector.
• U.S. index futures are firmer pre-market, supporting a broad recovery in risk assets following the post-Fed selloff in the previous session.
• The fund’s foreign large-value exposure is attracting interest as a strategic hedge, benefiting from the shift toward international dividend-paying assets while the Fed maintains a restrictive policy stance.