🟢 UPRO is trading 3.4% up today on a broad S&P 500 rebound driven by strong Microsoft earnings and cooler PCE data

UPRO is trading 3.4% up today as it magnifies the S&P 500’s rebound following Wednesday’s selloff.

• The S&P 500 is up approximately 1.2% and the Nasdaq has gained over 2.5%, bolstered by strong Microsoft earnings results.
• Cooler-than-expected PCE inflation data has lifted broader risk appetite, particularly benefiting the technology and growth sectors that dominate the ETF's exposure.