🟢 Uranium ETF (URA) is trading 3.25% up today as long-term uranium prices reach an 18-year high

URA is trading at $42.86 (+3.25%) as long-term uranium prices reached an 18-year high near $97 per pound.

• Spot uranium prices remain around $90 amid constrained supply and growing reactor demand, while analysts are raising uranium forecasts.
• The outlook supports producers and nuclear-fuel equities; the broader risk-on open, easing bond yields and reduced immediate oil-supply pressure are helping cyclical and commodity-related equities.
• No single dominant holding-specific catalyst was identified for the September 21 move.