🟢 Foreign Large Growth ETF (SPWO) is trading 9% up in pre-market with cause still unclear

SPWO is trading at $33.75, up +8.99%, with the cause of its pre-market jump unclear.

• Friday’s technology-led global selloff raised concerns heavy AI spending may not deliver returns quickly enough.
• U.S. futures rebounded Monday as investors reassessed the outlook ahead of Apple’s earnings; Asian markets were mixed and technology shares volatile.
• China’s manufacturing PMI fell to 49.3; lower oil prices and improving risk sentiment offered a counterweight, but do not establish SPWO’s jump cause.