ORBX is trading at $35.50, down 3.35%, as September housing starts fell 5.2%, adding pressure to construction-linked sentiment.
- Starts fell to a 1.221 million annual rate, below expectations.
- Industrial-company earnings were mixed: GM and Steel Dynamics fell, while RTX and 3M advanced; GE Aerospace faced pressure over weaker-than-expected free cash flow.
- Broader tech-market weakness may add pressure given ORBX’s communications and technology exposure; no volume data was provided.