NLR is trading at $114.38, down 3.18% at 11:08 a.m. EST on August 18, 2026, as U.S.-Iran tensions push Brent crude near $91 and Treasury yields to multiyear highs.
- The move is sector-wide and macro-driven, with no confirmed single-company catalyst; higher yields pressure rate-sensitive utilities and industrial holdings, while geopolitical risk weighs on global equities.
- July housing starts missed expectations, though stronger permits partially offset the weakness; NLR is substantially below its recent $118.35 close.