ICOP is trading 3.2% higher amid a broader risk-on rebound after the September 16 Federal Reserve rate hike removed immediate policy uncertainty.
- Copper rose 1.4% in early September 17 trading, supporting the ETF’s materials and mining exposure.
- Crude oil prices eased, reducing near-term inflation pressure.
- The move appears sector- and macro-driven rather than company-specific; major U.S. indexes also advanced.