🔴 Small-Cap Bear ETF (SDD) is trading 2.4% down today as in-line CPI supports broad equity gains

SDD is trading at $8.69 (-2.43%) as its inverse exposure moves opposite today’s broad equity-market rebound.

• August CPI matched forecasts, easing immediate inflation concerns and supporting gains across major U.S. indexes.
• The S&P 500, Nasdaq Composite, and Dow Jones are all higher, pressuring inverse equity ETFs.
• Elevated Treasury yields and oil above $100 remain risks but are not offsetting today’s risk-on move.