🟢 S&P 500 leveraged ETF (SPXL) is trading 5.23% up today as election uncertainty eases

SPXL is trading at $283.60, up 5.23%, as U.S. stocks rallied after Democrats’ congressional victories eased election uncertainty.

• Investors anticipated legislative gridlock, and major indexes rose broadly.
• AMD’s record $13.4 billion quarterly revenue and strong growth outlook supported chip and technology shares.
• The broad-market advance is the main driver for SPXL, which seeks leveraged exposure to the S&P 500.