WARP is trading 4.5% higher today as investors buy the dip following a broad market rebound and a shift toward tech-led risk-on sentiment.
- The Nasdaq climbed 2.56% and the S&P 500 rose 1.24% after cooler PCE inflation data eased interest rate concerns and Microsoft reported strong earnings.
- WARP is benefiting from its exposure to space and industrials, which are tracking the general improvement in growth and technology sentiment rather than a fund-specific headline.
- The move marks a significant recovery from the prior sessionβs selloff as market participants react to positive macroeconomic and corporate catalysts.