US sector ETFs mostly rise at the open; global airlines ETF up over 2%

The standout here is airlines, a sector whose economics sit on fuel costs, travel demand and discretionary spending — so a move of this size at the open says more about sentiment rotation than about any single company. Utilities gaining alongside it is the interesting pairing: defensives and a cyclical travel play rising together suggests broad risk appetite rather than a clean defensive or growth signal. Whether airlines can hold that gain through the session, rather than fading like many opening pops, is the open question.