🟢 Industrials ETF (WARP) is trading 4.88% up in pre-market as Treasury yields eased ahead of FOMC minutes

WARP is trading at $23.23, up 4.88% from the August 18 close of $22.15 as easing Treasury yields supported a macro-driven rebound.

• The rebound appears macro-driven rather than company-specific, reversing part of the prior session’s 3.73% decline.
• Treasury yields eased from recent highs ahead of the 2:00 p.m. ET FOMC minutes.
• Markets balanced Middle East tensions, oil near $91, and mixed futures; these factors likely supported relief bids in aerospace, infrastructure, and communications-related industrial holdings.