JEDI is trading at $25.79 (-3.26%) as U.S.-Iran military tensions drive Brent crude toward $100, raising inflation and supply-disruption concerns.
- Broad risk-off trading is weighing on industrials; the Dow is down 0.79%, with investors favoring caution.
- Higher energy costs and renewed rate-hike concerns are pressuring machinery, transportation, and other industrial exposures; JEDI’s 51% industrials weighting amplifies the sector impact.