ACWI is trading 4% down today as global equities, particularly technology and semiconductor shares, face a sharp sell-off amid rising geopolitical and interest rate concerns.
- Growth stocks are under pressure from higher-for-longer interest rate expectations and cooling sentiment regarding the AI infrastructure spending boom.
- Escalating U.S.–Iran tensions and broad weakness in Asian and European markets are driving a global shift toward a risk-off stance.
- Elevated commodity risks and geopolitical instability are adding further drag to the global equity index.