POW is trading at $26.19, down -3.14%, as higher oil revived inflation concerns and pressured rate-sensitive stocks.

  • Escalating Middle East tensions and attacks in Riyadh sent Brent up about 5%, above $105.
  • The 10-year Treasury yield rose to around 5.3%, while major U.S. indexes fell as investors weighed energy costs and hawkish Fed signals.
  • POW’s industrials, utilities and technology exposure likely amplifies the risk-off move; no fund-specific catalyst was identified.