It probably has to do with the excellent results(and forward earnings )just announced by GE so that reflects well on RR) jesus H Christ don't you lot do any research, there are only 3 major engine producers Ge ,p&w and RR .
ARM did drop a lot after their results didn't impress but since then they have been on a tear. I will keep riding it until it turns but for now all is good
In the US , home builders, home good suppliers and local banks have gone ballistic. Obviously they are very rate sensitive. It's definitely on the hope of rate cuts which in reality might only be a few if any.
Spot on livepari. The way I look at it; we have been through a pandemic, war in Europe, inflation and events in the middle east. I know things are far from perfect but it's getting better