SPXL is trading at $289.80, up +3.01% as a broad risk-on rally led by technology and AI stocks.
- Falling oil prices reduced inflation concerns, while the 10-year Treasury yield fell below 5%, supporting growth-oriented equities.
- Bitcoin surged above $85,000, reinforcing positive risk appetite; optimism ahead of U.S.-China talks added support.
- SPXLβs move is consistent with its leveraged exposure to the S&P 500 and todayβs broad market advance.