SCHG is trading 1.5% up today as geopolitical tensions ease following President Trump's indefinite extension of the US-Iran ceasefire.
- Technology shares are leading the market gains, with the NASDAQ Composite rising 1.44% and semiconductors showing significant strength, benefiting SCHG's 44.7% IT sector weighting.
- Enterprise tech adoption receives a boost from Google Cloud's $1B AI deal with Merck, supporting the broader uptrend in growth stocks despite rising oil prices.