🔴 Natural Resources ETF (ICOP) is trading 3.8% down in pre-market as futures pressure resource shares

ICOP is trading at $53.27, down 3.79%, as weak equity futures and broader risk aversion pressure resource shares.

• Middle East strikes and Saudi pipeline disruptions lifted crude above $100, intensifying inflation and supply-risk concerns.
• S&P 500 futures fell 0.72% and Nasdaq futures dropped 1.72%, while rising-rate concerns weighed on materials and commodity-linked shares.
• Higher oil prices did not support ICOP; copper also declined overnight, reinforcing weakness across parts of the resource complex.