AIPI is trading at $33.45, up 1.94%, with higher U.S. pre-market indices potentially supporting the gain; no AIPI-specific catalyst was identified. - The fund’s AI-focused holdings leave it exposed to sector sentiment. - Markets initially sold off after Democrats won both chambers amid AI-regulation concerns, then recovered. Reuters reported U.S. futures clawed back overnight losses. - AI-sector concerns remain a counterweight to the broader market support.