🟢 ION is trading 4.3% up today as cooling inflation and easing Persian Gulf tensions boost risk sentiment

ION is trading 4.3% up today as cooling U.S. inflation and a ceasefire in the Persian Gulf improve risk sentiment for resource equities.

• The ETF is rebounding from a sharp decline on July 13 that was triggered by Iran–US tensions and supply risks in the Strait of Hormuz.
• Easing geopolitical pressures and positive inflation data are supporting commodity-linked stocks, lifting the fund alongside broader market gains.