MEXX is trading 3.2% up at $25.14 after broad U.S. markets strengthened.
- The S&P 500, Nasdaq, and Dow each advanced more than 0.5%.
- Softer oil prices and reports of diplomacy to reopen the Strait of Hormuz helped improve risk sentiment.
- No clear company-specific announcement was identified. Mexicoβs central bank held its policy rate at 6.50%, while the peso weakened, creating a mixed backdrop for the leveraged Mexico-equity ETF.