XAR is trading 6.4% up today as investors rotate back into defense and industrial names following a sharp selloff tied to Middle East conflict and Fed uncertainty.
- The recovery is supported by a bounce in U.S. futures and elevated oil prices, leading markets to reassess the sector's earnings outlook.
- Aerospace and defense stocks are seeing broad gains as investors focus on geopolitical tailwinds and sector-specific catalysts.
- The ETF is rebounding as the market stabilizes from the prior session's volatility and reassesses the sector's long-term drivers.