🟢 XAR is trading 3.1% up today on a General Dynamics earnings beat and industrials rally

XAR is trading at $257.54 (up 3.1%) as the aerospace and defense ETF surges amid a broader industrials sector rally.

• General Dynamics (+7.75%) catalyzed the move after reporting Q1 revenue of $13.5 billion and an EPS of $4.10, which beat analyst estimates by 11%.
• The rally was further supported by a 10% jump in Caterpillar, contributing to a 1.58% gain for the Dow as strong corporate profits offset recent oil volatility.
• With 98.6% exposure to the industrials sector, XAR is significantly amplifying the current strength seen across aerospace and defense heavyweights.