SPXL is trading up about 3.4% as it amplifies a broad market rebound driven by technology strength and easing inflation pressures.
- Strong Microsoft earnings and cooler PCE inflation data have triggered a sharp rally in the Nasdaq and S&P 500, lifting growth-sensitive assets.
- This 3x leveraged ETF is seeing a significant bounce following the prior session’s selloff as market sentiment improves.
- The move reflects a broader recovery in tech-heavy indices as investors react to favorable macroeconomic data.