🟢 Global X Robotics & Artificial Intelligence ETF is trading 3.2% up today on a broad risk-on rally following a U.S.–Iran peace agreement

Global X Robotics & Artificial Intelligence ETF is trading higher at $38.29 (+3.2%) in pre-market action, buoyed by a broad risk-on rally across tech and AI sectors following news of a tentative U.S.–Iran peace agreement.

• The geopolitical breakthrough drove U.S. equity futures higher and cut oil prices by over 4%, significantly reducing global inflation and interest rate hike fears.
• Growth-oriented assets are leading the market rebound as the de-escalation of tensions improves the outlook for high-valuation technology sectors.
• The ETF is rebounding sharply after closing at $37.12 on June 12.