NLR is trading at $117.64, up 3.42% on August 7, 2026, after an unexpectedly weak July employment report reduced expectations for a September Fed rate hike.

  • Payrolls fell by 23,000; lower Treasury yields and a weaker dollar are supporting risk assets and rate-sensitive utilities, industrials, and energy stocks.
  • The move extends NLR’s recent sector momentum, with holdings including Cameco, Constellation Energy, and BWX Technologies; no company-specific catalyst was identified.