🟢 Financials ETF (DPST) is trading 2.06% up today as July CPI reduces Fed-hike concerns

DPST is trading at $152.76 (+2.06%) as July CPI matched expectations, reducing concern about a near-term Federal Reserve rate increase.

• July CPI rose 3.4% annually, matching expectations.
• The 10-year Treasury yield is near 4.682%, supporting banks’ lending-margin outlook; DPST is extending its 3.09% gain from August 11 through leveraged exposure.
• The move appears sector-wide, with broader equities modestly higher and financials slightly positive as rates and macro sentiment drive the action.