🟢 S&P 500 Leveraged ETF (UPRO) is trading 3.1% up today after August CPI matched expectations

UPRO is trading at $149.03, up 3.13%, as the S&P 500 rallies broadly after August CPI matched expectations, reducing immediate fears of an upside inflation surprise.

• The move is consistent with UPRO’s roughly three-times daily S&P 500 exposure.
• Easing Treasury yields are also supporting equities.
• The advance reflects broad index strength rather than an isolated technology-sector catalyst.