ARKK is trading 3.1% higher as part of a broad move into innovative growth stocks, supported by strong U.S. manufacturing data and firm equity markets.
- The ETF’s tech, healthcare, and communication holdings are benefiting from outsized gains in the Nasdaq and improved sentiment following earlier Middle East de-escalation and lower oil prices.
- While fresh headlines keep geopolitics in focus, the fund is seeing a boost from increased risk appetite across the broader technology and innovation sectors.