Markets staged a strong rebound, but leadership was clearly concentrated in higher-beta growth rather than evenly distributed across the tape. Broad indexes were solidly higher, with $SPY up 1.55%, $QQQ up 2.77%, and global equity benchmarks like $ACWI and $VXUS also advancing.

core equity ETFs such as $SPY, $IVV and $VTI fell around 0.4% to 0.5%, while global and international exposures were weaker, with $ACWI down 0.8%, $VXUS down 1.3% and emerging markets under sharper pressure.