🔴 Natural Resources ETF (NLR) is trading 3.6% down today as Jackson Hole uncertainty pressures nuclear holdings

NLR is trading at $120.49, down -3.63%, as Jackson Hole policy uncertainty pressures rate-sensitive nuclear and utility holdings.

• Investors are parsing Kevin Warsh’s first Fed-chair speech for inflation and September-rate guidance.
• Higher-rate anxiety is hurting pre-commercial nuclear developers and broad uranium ETFs, while broader equities are nearly flat, indicating NLR’s decline is primarily sector-specific.
• The July trade deficit widened to $118.8 billion, adding downside GDP concerns.