🟢 iShares MSCI Emerging Markets ETF is trading 3.1% up today as investors rotate back into emerging markets amid rising oil prices

iShares MSCI Emerging Markets ETF is trading 3.1% up today as investors rotate back into emerging markets following recent risk-off selling tied to Middle East tensions and U.S. inflation worries.

• Rising oil prices stemming from the Strait of Hormuz closure are supporting key EM exporters, providing a tailwind for the broader index.
• Global equities are broadly bouncing despite hotter PPI/CPI data and ongoing Iran–U.S. conflict, lifting diversified benchmarks that had pulled back sharply in prior sessions.
• The rebound reflects a shift in sentiment as investors move back into emerging market assets after a period of heightened geopolitical volatility.