SPWO is trading at $33.90, up 7.35% in pre-market, with no clear catalyst verified.

  • SPWO tracks non-U.S. developed and emerging markets, with substantial exposure to Taiwan, South Korea, Japan and China.
  • Asian shares were broadly lower and European futures dipped, offering little support for a broad 7% rally.
  • U.S. futures rebounded after the tech selloff, while stronger-than-expected China GDP offered some support; these mixed signals may explain only part of the jump.