JEDI is trading at $23.69, down 3.16%, amid escalating Middle East tensions that sent oil sharply higher and pushed Treasury yields toward multi-year highs.

  • Reported explosions in Riyadh renewed inflation concerns.
  • Industrials, the ETF’s largest allocation at 51%, were the weakest S&P 500 sector, down approximately 2%.
  • Higher yields pressured equities and rate-sensitive industrial stocks; broad-market weakness points to macro and geopolitical pressure, not a single-company catalyst.