Tech ETF (AIPO) is trading 3% up today as industrial-heavy names rebound following a new US–EU trade pact that averts steep auto tariffs.
- The provisional agreement removes EU duties on U.S. industrial goods, boosting sentiment across the industrials sector that dominates the fund's portfolio.
- The move also follows a broader bounce-back in risk assets after a bond-yield-driven selloff, with investors positioning ahead of Nvidia’s AI-focused earnings.