SPXL is trading at $293.85 (+3.08%) as lower expectations for an immediate Federal Reserve rate hike support equities.
- The S&P 500, Nasdaq Composite, and Dow Jones are all higher in a broad U.S. equity rally.
- Christopher Wallerβs comments, easing Treasury yields, and renewed AI-related technology buying are supporting the S&P 500βthe index SPXL leverages.
- Middle East risks and higher oil prices remain offsets.