GraniteShares 2x Long MU Daily ETF is trading 15.7% up today as information technology and AI-linked names extend gains following the announced 60-day U.S.–Iran peace agreement.
- The geopolitical breakthrough has eased energy and inflation concerns, reducing rate-hike expectations and supporting a broad move into technology and semiconductor plays.
- Additional momentum is stemming from the strong reception to the SpaceX mega IPO and continued enthusiasm for AI and space-related innovation, which is lifting the wider tech complex.