🟢 COPX is trading 3.3% up today as cooling inflation and tech earnings boost risk sentiment

COPX is trading around $78.65 (+3.3%) as investors rotate back into cyclical, growth-linked assets following several weak sessions.

• Firmer risk sentiment is being driven by cooling U.S. inflation data and strong Microsoft earnings, supporting expectations for eventual rate cuts and improved global growth.
• Copper prices and copper-linked assets are firming globally, lifting miners broadly despite mixed performance across the wider materials sector.