HERO is trading 2.5% up today as a broad risk-on move in U.S. equities drives a rotation back into growth and tech-linked themes.
- Improved geopolitical sentiment following a U.S.βIran ceasefire framework and the absence of new macro shocks are supporting communications and tech-related names.
- The rally helps the fund claw back losses from last weekβs AI-valuation driven pullback.
- Major indices like the S&P 500 and Nasdaq are both gaining around 1% as investors shift back into growth sectors.