JEDI is trading at $26.48 (+3.02%) as geopolitical risk lifts oil prices, supporting parts of the industrial complex.
- Weaker broad-market trading and Canada’s new 15%–50% retaliatory tariffs on U.S. steel, machinery, agricultural equipment, and other industrial goods are limiting the sector’s upside.
- The move appears driven by cross-sector rotation and headline-sensitive trading, not a scheduled U.S. economic release.
- German industrial output fell 1.1% month over month, including a 9.2% automotive drop, remaining a counterweight.