UVXY is trading at $17.74 (+2.37%) as VIX futures rise ahead of data.
- VIX futures rose 2.16% overnight to 19.000, supporting demand for volatility exposure while spot VIX eased after the Fed decision.
- Investors positioned ahead of Thursday’s GDP, PCE inflation and jobless-claims releases, which could shift rate expectations.
- Weak technology futures after Alphabet’s earnings miss added caution, though broader futures were mixed; evidence points to hedging, not a confirmed broad volatility shock.