ARGT is trading 3.1% up today as global risk-on sentiment strengthens following cooler PCE inflation data and slower GDP growth, which support expectations for future Fed rate cuts.

  • The high-beta ETF is benefiting from its significant exposure to consumer and energy sectors as oil prices and major U.S. indices move higher.
  • Improved investor appetite for emerging markets and cyclical assets is fueling the rebound in the Argentina-focused fund.