🟢 SPWO is trading 4% up today on global risk-on rebound and easing Middle East tensions

SPWO is trading 4% up at $33.00 following a broader rebound in non-U.S. growth and technology shares amid improving global risk sentiment.

• Overnight gains in Asian and global equities were supported by retreating oil prices and improved Middle East risk sentiment driven by ceasefire hopes.
• The pre-market jump extends a risk-on tone established on July 20, providing a significant boost to foreign large growth exposures after recent market volatility.