SCHG is trading 1.6% up today as investors pivot to growth stocks following reports of U.S.-Iran negotiations in Islamabad, easing Middle East war fears and softening energy inflation concerns.
- The NASDAQ Composite rose 1.45% as the fund benefits from its heavy 44.7% concentration in the information technology sector.
- Broader market sentiment is further supported by a JPMorgan Q1 earnings beat, adding to the risk-on environment for growth-oriented equities.