🟢 JEDI is trading 3.74% up today on U.S.-Iran tensions and rotation into defense and logistics names

JEDI is trading at $25.50 (+3.74%) as geopolitical instability triggers a risk-off rotation into industrials, defense, and shipping-related assets.

• Renewed U.S.-Iran tensions and reported strikes on U.S. logistics assets in Oman have rattled markets, driving Brent crude prices above $85 and supporting defense-linked exposure.
• The sector is benefiting from headline risks that are pressuring broader equities as investors await the 8:30 AM CPI release to reassess Federal Reserve path expectations.