🟢 iShares MSCI EAFE ETF is trading 3.2% up today on a broad risk-on rebound and dip-buying

iShares MSCI EAFE ETF is trading 3.2% higher today as global markets stage a strong risk-on rebound, with investors buying the dip following recent equity weakness.

• The fund, which tracks developed ex-U.S. markets, is benefiting from improved risk appetite despite elevated inflation and upside surprises in PPI and CPI data.
• Gains are occurring alongside a rally in major U.S. indices, even as heightened Middle East tensions drive energy prices higher and keep central-bank policy in focus.