UPRO is trading at $137.66 (-3.20%) as broad U.S. indices fall over 1% amid a shift toward risk-off sentiment.
- The decline reflects amplified downside from a macro-driven equity selloff tied to FOMC Minutes uncertainty and rising inflation concerns.
- Geopolitical shocks, including renewed U.S.βIran tensions, and a rotation out of AI and semiconductor stocks are further pressuring the S&P 500.