🔴 SPXS is trading 3.12% down today as S&P 500 and Nasdaq rally

SPXS is trading at $25.29, down -3.12%, as major U.S. indexes rally and reduce demand for this inverse S&P 500 product.

• The S&P 500 and Nasdaq are up more than 1%; Reuters reports futures rose after the Federal Reserve’s September 16 rate hike removed immediate policy uncertainty.
• No company-specific SPXS announcement was identified; the move reflects broad risk-on sentiment and index direction.