🟢 SPXL is trading 3.1% up today as U.S. futures rally on falling oil prices and easing inflation fears

SPXL is trading at $268.44, up 3.09% in pre-market sessions, tracking a broad rally in U.S. equity futures as a sharp pullback in oil prices eases concerns over inflation and aggressive Fed tightening.

• S&P 500, Nasdaq, and Dow futures are all trending higher, signaling a strong open for large-cap U.S. equities.
• Market sentiment is improving ahead of key durable goods data and major technology sector earnings reports.
• As a 3x leveraged ETF, SPXL is magnifying the gains seen in the underlying S&P 500 index.