SPWO is trading 5.1% up today, reflecting renewed global risk appetite and strength in foreign growth equities following cooling U.S. inflation and strong tech earnings.
- Overnight sentiment was bolstered by easing geopolitical tensions and a coordinated U.S.βJapan intervention to support the yen, which lifted foreign markets.
- Higher U.S. and global index futures contributed to the pre-market gap, building on positive worldwide sentiment from late last week.
- The move highlights increased demand for foreign large growth exposures as worldwide market conditions stabilize.