🟢 Natural Resources ETF (ICOP) is trading 4.4% up in pre-market on commodity gains and oil-supply risks

ICOP is trading at $55.92 (+4.40%) as firmer commodity prices support the move.

• Crude, gold, silver, and industrial metals posted weekly gains; oil also benefits from renewed Lebanon conflict, Iran sanctions risk, and uncertain Persian Gulf supply flows.
• A weaker dollar and reduced September Fed-hike expectations are supporting gold and commodity-linked assets.
• ICOP substantially outpaces Nasdaq futures (+0.55%) and S&P 500 futures (+0.15%), indicating a concentrated natural-resources and commodity-related catalyst, not a broad equity rally.