SCHG is trading 3.4% higher today as a US-Iran ceasefire and the reopening of the Strait of Hormuz trigger a broad market rally.
- Nasdaq-100 futures are up 3.18%, reflecting a sharp shift in risk sentiment following the de-escalation of geopolitical tensions.
- The information technology sector, SCHG's top weighting at 44.7%, is benefiting from global market gains and strength in cybersecurity stocks like PANW (+4.89%).