COPX is trading 3% up today as copper-linked cyclicals recover from recent risk-off selling tied to Middle East tensions and demand worries.
- Major U.S. indices are edging higher, signaling a shift in investor sentiment and broader risk appetite.
- The ETF is rebounding from a prior session drawdown as investors look past immediate geopolitical fears.
- Improving market conditions are providing a lift to copper miners following a period of heightened volatility.