ROKT is trading 3% up today as strong manufacturing data and a broad market rebound drive gains in the industrial sector.
- U.S. manufacturing PMI surprised to the upside, signaling robust industrial activity and boosting cyclical stocks.
- Brent crude prices dropped approximately 5% as geopolitical tensions eased, reducing inflation fears and supporting the equity rally.
- The advance comes amid a wider market recovery, with the S&P 500, Nasdaq, and Dow Jones all gaining more than 1%.