🔴 IEFA is trading 3.6% down in after-hours trading as higher oil prices pressured markets

IEFA is trading 3.6% down at $95.11 after higher oil prices, rising bond yields, and stronger expectations for a Federal Reserve rate increase pressured international markets.

• Reuters reported global stocks declined as Brent crude rose above $108 and the U.S. 10-year yield reached 5%.
• Investors moved toward defensive positioning ahead of central-bank decisions.
• No IEFA-specific announcement or earnings catalyst was identified.