RONB is trading at $23.96, up 3.05%, as July CPI rose 3.4% annually in line with expectations, reducing concerns about an imminent Federal Reserve rate hike.
- Lower perceived policy risk is supporting large-growth valuations, while strong AI and technology earnings are adding momentum.
- The broader risk-on session, led by the Nasdaq, reinforces the ETF’s advance, with NVIDIA and Super Micro Computer among notable technology-strength signals.