RCKT.AX is trading down 3.42% to A$8.76 amid a broader risk-off shift in growth and tech assets following a hawkish Federal Reserve tone.
- Elevated Middle East tensions are lifting oil prices and unsettling equity markets, further weighing on the thematic fund.
- As a fund tied to global space, aerospace, and defense names, the move is likely a reaction to sector-wide pressure rather than ETF-specific news.
- The decline extends a volatile week for the space industry as investors move away from growth-oriented assets.