🟢 Foreign Large Growth ETF (UMMA) is trading 6.1% up in pre-market on firmer global markets

UMMA is trading at $39.31, up 6.14%, as firmer overnight European and Asian markets bolster risk appetite.

• Improved risk appetite followed September 2’s geopolitical-driven volatility, alongside stronger China services data; U.S. index futures are only modestly positive.
• The broad catalyst is not tied to a clearly identifiable dominant holding; softer U.S. labor data may reinforce expectations for future Federal Reserve easing.
• Elevated yields and Middle East risks remain counterweights.