🔴 MEXX is trading 4.3% down today amid elevated oil prices

MEXX is trading at $27.76, down 4.26%, as elevated oil prices and geopolitical escalation weigh on Mexico-linked exposure.

• MEXX is lower alongside a 0.52% decline in the S&P 500 and 0.80% Nasdaq drop.
• August PPI exceeded expectations year over year, keeping inflation and interest-rate concerns elevated.
• No clear company-specific catalyst was identified; MEXX is a leveraged Mexico ETF.