JEDI is trading 4.3% up in pre-market as its industrial-heavy portfolio recovers from Friday’s tariff-driven selloff, supported by a broader lift in risk sentiment.
- Easing U.S.–Iran tensions and a sharp pullback in oil prices are providing relief to the industrials complex and lifting major equity futures.
- Cyclicals are catching a broad bid as traders focus on growth-friendly conditions ahead of the upcoming Fed meeting and durable-goods data.
- The rebound is further bolstered by positive momentum across S&P 500, Nasdaq, and Dow futures.