ACWI is trading at $150.23 (-3.64%) as pre-market selling tracks global risk-off sentiment following renewed U.S.-Iran military escalation.
- Brent and WTI crude prices jumped over 6%, pressuring global equities and cyclical exposure.
- International equity weakness is driving the fund lower despite mixed-to-higher U.S. futures.
- The broad global basket remains sensitive to overnight geopolitical shocks and the inflationary pressure of higher energy prices.