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. Mexico’s central bank held its policy rate at 6.50%, while the peso weakened, creating a mixed backdrop for the leveraged Mexico-equity ETF.