🟢 Natural Resources ETF (ICOP) is trading 3.3% up in after-hours trading, after weak July data increased Fed easing expectations

ICOP is trading at $57.83 (+3.28%) in after-hours trading, supported by stronger metals sentiment after weak July employment data increased expectations for Federal Reserve easing.

• Gold and base metals strengthened; gold gained more than 7% during the prior week.
• Copper and aluminium finished higher, supporting ICOP’s concentrated mining exposure.
• Strait of Hormuz uncertainty lifted commodity risk premiums, though it remains a secondary catalyst for ICOP’s metals-heavy portfolio.