Proshares S&P Global Core Battery Metals ETF is trading 4.3% higher today following White House adjustments to metal-related Section 232 tariffs and a broad recovery in cyclical sectors.
- The ETF is significantly outperforming major U.S. indices, which are up approximately 0.7% amid improving global risk appetite.
- Gains are supported by a continued equity rebound as markets recover from last week’s macro- and geopolitics-driven selloff.
- Sentiment toward resource-linked industries remains strong as commodity-linked equities benefit from the recent shift in trade policy.