🟢 Fidelity MSCI Communication Services Index ETF is trading 1.7% up today on a broad risk-on rally and lower Treasury yields

Fidelity MSCI Communication Services Index ETF is trading 1.7% higher in pre-market as investors rotate into growth and communication services stocks alongside a broad risk-on move in U.S. equity futures.

• Lower Treasury yields and sharply weaker oil prices following a tentative U.S.–Iran peace agreement are lifting growth-oriented, tech-adjacent sectors.
• Strong gains in Nasdaq futures are providing additional tailwinds for the communication services sector, with no fund-specific news needed to justify the move.