IEMG is trading 3.4% up today as global risk appetite returns and a tech-led recovery boosts emerging markets.
- Stronger NASDAQ-100 futures and a surge in Micron Technology after earnings are driving sentiment in the semiconductor sector.
- Gains in major Asian chipmakers are supporting key components of the MSCI Emerging Markets index, particularly in Taiwan and South Korea.
- The rally marks a significant rebound for EM equities following a sharp selloff earlier in the week.