EEM is trading 3.4% up today as global risk appetite improves following cooling U.S. PCE inflation and strong technology earnings.
- Strength in Asian semiconductor and tech-linked names is driving the recovery after recent geopolitical tensions and interest rate concerns.
- The ETF is benefiting from a broader equity rebound and easing inflation fears following Microsoft's positive earnings report.
- This move marks a reversal from the previous session's risk-off sentiment triggered by oil price volatility and geopolitical jitters in the Middle East.