🟢 Large Growth ETF (TESL) is trading 3.3% up today on broader growth-factor strength

TESL is trading at $13.20 (+3.33%), primarily supported by broader growth-factor strength as July PPI was flat versus expectations.

• July PPI was flat versus the expected 0.2% increase, while initial jobless claims rose to 209,000, supporting expectations for steady Federal Reserve policy and easing Treasury yields.
• Broader risk appetite is lifting growth-oriented assets, with the S&P 500 up 0.83% and Nasdaq Composite up 1.09%. Consumer discretionary is lagging, falling roughly 1.09%–1.40%, suggesting TESL’s gain is not sector-wide.