🟢 iShares MSCI Emerging Markets ETF is trading 3.1% up today following the Fed hold and a global shift toward risk assets

iShares MSCI Emerging Markets ETF is trading 3.1% higher following the Federal Reserve’s June 17 hold and a broader shift toward risk assets.

• Emerging markets are benefiting from improving global growth sentiment and a softer U.S. dollar, which has spurred renewed buying interest in the fund.
• The move is largely macro-driven, aligning with a broader market rally led by the NASDAQ following the Fed's decision.
• While the ETF went ex-dividend today, the primary driver remains the post-Fed risk-on sentiment across emerging markets.