🟢 Natural Resources ETF (NLR) is trading 3.01% up in pre-market on broad risk recovery

NLR is rebounding to $118.00 after a 2.69% fall on August 20, likely reflecting broad risk recovery and short-term dip buying.

• S&P 500, Nasdaq, and Dow futures are higher as investors reassess Thursday’s yield-led selloff; the move appears primarily technical and macro-driven.
• Uranium edged higher to $88.50 per pound on August 20, providing modest sector support.
• Oil remains elevated amid persistent U.S.-Iran tensions and Strait of Hormuz disruption risks; rising yields pressure utilities, with no fresh NLR-specific catalyst identified.