🔴 GraniteShares 2x Long PLTR Daily ETF is trading 10% down today as strong jobs data fuels higher-for-longer rate fears and tech selloff

GraniteShares 2x Long PLTR Daily ETF is trading 10% down today as a stronger-than-expected U.S. jobs report triggers a broad risk-off move hitting growth and technology stocks.

• The robust labor market data has prompted investors to price in higher-for-longer interest rates, pressuring high-valuation names and the broader Nasdaq index.
• As a leveraged instrument providing 2x daily exposure to Palantir, the ETF is amplifying the underlying stock's decline amid a wave of tech profit-taking and shifting Fed expectations.