ION is trading 3.05% up today, largely in line with a broad risk-on rebound as the S&P 500 and Nasdaq rally following Wednesday’s selloff.

  • Cooling PCE inflation, softer-than-expected GDP growth, and strong tech earnings have improved market sentiment, supporting cyclicals and resource-related plays.
  • Rising oil prices driven by Middle East tensions are providing an additional tailwind for natural-resources-linked assets.