SPXL is trading at $258.85, up +4.90%, as broad U.S. equity gains and dip-buying after last week’s sharp sell-off lift S&P 500 exposure. - S&P 500 futures were up 0.7% in early New York trading. - Investors are looking ahead to inflation data and AI-company earnings; lingering AI-policy concerns and Nvidia-related uncertainty are tempering sentiment. - SPXL’s leveraged exposure amplifies the broader index move; reporting points to a rebound in beaten-down shares rather than one definitive new catalyst.