SPXL is trading at $284.64, up +3.04% after August CPI and core inflation broadly matched expectations, reducing immediate concerns about an upside inflation surprise.
- The S&P 500, Nasdaq, and Dow are all higher, confirming a market-wide relief rally rather than an isolated technology-sector move.
- SPXL targets 300% of the S&P 500’s daily performance, amplifying the index advance.