🟢 IUSG is trading 1.5% up today on tech-led rally and positive macro data

IUSG is trading 1.5% higher as large-cap growth and technology stocks lead a broad market rally.

• Supportive macro data regarding job openings and consumer confidence is boosting risk appetite for growth-focused assets.
• Ongoing enthusiasm for AI-related spending continues to drive gains in tech-heavy ETFs, outweighing recent BIS warnings on debt risks.
• The broader rally is characterized by sharp gains in the Nasdaq Composite and a 1.7% rise in information technology sector ETFs.