TNA is trading at $59.84, down 2.01%, as small-cap weakness contrasts with gains in broader indexes. - At 12:18 p.m. EDT, the Russell 2000 was down 0.16%, after an earlier report showed a 0.60% gain. - Small caps’ sensitivity to borrowing costs and domestic conditions may be contributing to the divergence. - No clear catalyst has been confirmed; retreating oil prices and Treasury yields supported equities, leaving relative small-cap weakness and amplified leveraged-ETF movement as the available explanation.