DPST is trading at $133.88, down -2.26%, as weakness in regional banks is amplified by its design to deliver 300% of the daily performance of the S&P Regional Banks Select Industry Index.
- Broader financials were reported up 1.3%, while markets overall were modestly higher.
- Falling oil prices after less-severe-than-feared Iran sanctions and caution ahead of consumer-confidence data, Nvidia earnings, and Jackson Hole are limiting risk appetite.
- No single regional-bank catalyst was identified.