COPX is trading $81.93 (+3.89%) in after-hours trading, extending a recent rebound in cyclical assets amid a broader risk-on market session.
- The move follows improved sentiment driven by cooler inflation data and strong technology earnings, which have boosted U.S. indexes and futures.
- Gains appear driven by sector rotation into materials and commodity-linked equities rather than specific copper-related headlines.
- The ETF continues to find support following a late-July upswing, reflecting ongoing investor interest in copper-exposed miners.