🟢 Foreign Large Growth ETF (SPWO) is trading 3.2% up in pre-market despite global tech selloff

SPWO is trading at $33.35, up 3.19%, in pre-market despite a global tech selloff; no specific positive catalyst was identified.

• Hotter-than-expected U.S. CPI revived expectations of further Fed tightening, weighing on global growth and technology shares.
• Asian markets sold off sharply, with the KOSPI down about 8% and the Nikkei down about 5%; U.S. Nasdaq futures were also lower.
• Taiwan Semiconductor accounts for 21.47% of assets; Samsung and SK Hynix add chip exposure, pointing to pressure rather than explaining the reported gain.