🟢 SPWO is trading 4.6% up today on foreign market repricing following new U.S. tariffs

SPWO is trading 4.6% higher in pre-market as investors react to sweeping new U.S. tariffs of 10–12.5% on nearly all imports.

• Foreign large-cap stocks and currencies are undergoing a significant repricing overnight in response to the new trade duties.
• Sector rotation and relative-value flows into non-U.S. markets are driving the ETF higher despite a cautious global risk sentiment.