🟢 EWY is trading 3.1% up today as South Korea tech rebounds on cooling U.S. inflation and global risk-on sentiment

EWY is trading 3.1% higher today as South Korean equities benefit from a broader recovery in global risk sentiment and a tech-led rebound in U.S. markets.

• The fund is recovering from a late-July semiconductor-led selloff, buoyed by gains in major chip and tech names following strong U.S. tech earnings and rising Nasdaq futures.
• Cooling U.S. inflation data has improved investor appetite for risk, lifting the broader MSCI Korea index that the ETF tracks.