AIPO is trading 3.1% higher today as its industrials-heavy portfolio benefits from improving risk sentiment and falling oil prices, which are supporting infrastructure and transportation names.
- Broader U.S. indices rose over 1% amid easing Middle East tensions and constructive macro data, providing a tailwind for the broader market.
- Defense and power-related industrials received an additional boost from significant long-term contract wins, including Northrop Grumman’s $1.8 billion LITENING deal.