🔴 Small-Cap 3x ETF (TNA) is trading 3.64% down in pre-market with September CPI in focus

TNA is trading at $54.65 (-3.64%) ahead of September CPI, which could affect rate expectations.

• September CPI is due at 8:30 a.m. ET, with headline inflation expected to accelerate.
• Small caps are especially rate-sensitive; a hotter-than-expected reading could pressure borrowing-cost-sensitive companies.
• Broader futures were mixed: Russell 2000 futures were reported up 0.3%, so available evidence does not fully explain TNA’s sharper pre-market decline.