🟢 SPWO is trading 4.2% up today as easing Iran war fears spark a global risk-on rebound

SPWO is trading at $34.83, up 4.2% in pre-market action as global markets stage a broad risk-on recovery following a de-escalation in Middle East tensions.

• The rally reflects a significant rebound in non-U.S. developed and emerging markets as fears regarding a conflict with Iran subside.
• Global equities are climbing, with semiconductors and cyclical sectors leading the advance following positive AI-chip news.
• The ETF, which tracks the S&P DM Ex-U.S. & EM 50/50 Shariah Index, is benefiting from renewed investor appetite for international growth assets.