🟢 Foreign Large Growth ETF (UMMA) is trading 4.02% up in pre-market on weak U.S. jobs data

UMMA is trading at $38.53 (+4.02%) on unexpectedly weak July U.S. jobs data, which reduced expectations for near-term Federal Reserve tightening and lowered Treasury yields, supporting growth-oriented valuations.

• Asian equities remained firmer and technology-led U.S. futures were positive, while European futures were mixed as uncertainty surrounding Iran-Oman shipping discussions limited broader gains.
• The BOJ released a hawkish July-meeting summary, creating an offsetting risk for Japanese holdings.