🟢 Industrials ETF (WARP) is trading 3.9% up in pre-market after unchanged July PPI eased rate concerns

WARP is trading at $23.57, up 3.88% from the August 13 close, after July PPI was unchanged month over month versus expectations for a 0.2% increase, easing inflation and interest-rate concerns.

• Lower Treasury yields and reduced expectations for a September Fed rate hike supported growth-sensitive industrial and communication-services exposures.
• Mixed but slightly positive August 14 futures indicate broader risk-on support.
• Retail sales and consumer sentiment remain upcoming catalysts.