🔴 Rare Earth ETF (REMX) is trading 3.1% down as Pr-Nd prices corrected

REMX is trading at $52.73, with a -3.10% change, as rare-earth prices weakened on Pr-Nd price corrections and soft end-user demand.

• Trading remained sluggish; the pullback followed the prior critical-minerals rally.
• A hawkish Fed tone and inflation concerns weighed on risk appetite. The S&P 500 fell 0.55% and Nasdaq fell 1.65%.