🟢 iShares MSCI Emerging Markets ETF is trading 2.47% up today as U.S.-Iran peace deal reopens Strait of Hormuz and eases oil concerns

iShares MSCI Emerging Markets ETF is trading at $69.56 (+2.47%) as a tentative U.S.-Iran peace agreement reopens the Strait of Hormuz and eases global oil-supply concerns.

• Lower crude prices are reducing inflation pressure and improving sentiment for rate-sensitive assets, providing a significant tailwind for emerging market equities.
• The rally tracks a broader risk-on move in global markets, with U.S. and Asian indices advancing strongly on the geopolitical breakthrough.