🟢 Schwab U.S. Large-Cap Growth ETF is trading 1.7% up today on U.S.–Iran peace deal and falling oil prices

Schwab U.S. Large-Cap Growth ETF is trading 1.7% up in pre-market as a tentative U.S.–Iran peace agreement and the reopening of the Strait of Hormuz drive a broad risk-on rally.

• Oil prices are pushing sharply lower, easing inflation and rate-hike fears while boosting demand for rate-sensitive, AI-and-tech-heavy sectors.
• Market sentiment is strongly positive, with Nasdaq 100 futures up about 2% and S&P 500 futures up 1.3%.
• The move favors the large-cap growth and information technology names that dominate the fund's portfolio. [Event ID: 6a2fb1b5479c3a39db695683]