🟢 COPX ETF (COPX) is trading 3.2% up today as Treasury yields retreat and risk sentiment improves

COPX ETF (COPX) is trading 3.2% up today as a pullback in long-term Treasury yields and improving risk sentiment help rate-sensitive and cyclical assets recover.

• The ETF is rebounding after several down sessions, tracking a broader recovery in U.S. equities following Tuesday’s bond-driven selloff.
• Materials and macro-linked sectors are seeing renewed interest as investors rotate back into risk ahead of Nvidia’s earnings, easing pressure from earlier growth worries and a stronger dollar.