🟢 Natural Resources ETF (URA) is trading 3.4% up today after long-term uranium price hit 18-year high

URA is trading at $44.80 (+3.44%) after uranium’s long-term contract price reached an 18-year high near $94 per pound.

• An unexpected 23,000-job decline in July reduced expected Fed tightening, sending Treasury yields lower and supporting risk assets.
• China’s reactor approvals reinforced demand expectations. Cameco, URA’s largest holding at approximately 24.5%, adds sensitivity to uranium-supply developments.