SPXS is trading 3.05% lower at $23.87 as broad U.S. market gains align with its decline; the fund targets three times the S&P 500’s daily inverse performance.
- Reuters reports September payrolls showed only 29,000 jobs added, reducing pressure for a Federal Reserve rate increase; major U.S. indexes rose.
- The S&P 500 was up 1.07% and the Nasdaq was up 1.71%.