ORBX is trading at $46.28, down 4.10%, reversing its August 17 gain as U.S. equities weaken and investors reassess industrial exposure amid Strait of Hormuz shipping disruption.
- Oil near $88β$90 and sharply higher Treasury yields raise fuel, inflation, and financing concerns for transportation and capital-intensive companies.
- Weaker July housing starts added to cyclical-sector caution, despite stronger building permits.