🟢 EWY is trading 3.4% up today as oil prices drop and U.S.-Iran tensions ease

EWY is trading 3.4% up as oil prices drop following eased U.S.-Iran tensions, supporting a broader global risk-on tone and a rebound in South Korean equities.

• The move marks a recovery from previous tariff-driven losses as investors reassess the long-term impact of newly announced U.S. trade policies on export markets.
• Lower energy costs are providing a significant boost to rate-sensitive semiconductors and the broader manufacturing sector.
• The ETF is seeing sharp gains in pre-market trading on July 27, 2026, reversing the downward momentum from the prior close.