GraniteShares 2x Long MRVL Daily ETF is trading at $179.00 (+11.02%) following a broad pre-market risk-on rally and positive geopolitical developments.
- Market sentiment is being lifted by a tentative U.S.-Iran peace agreement, which has eased energy-risk concerns and supported growth and leveraged equity exposure.
- The move is supported by significant gains in broader indices, with S&P 500 futures up 1.24% and Nasdaq futures up 2.01% as tech and AI shares lead the market higher.
- The sharp increase is consistent with leveraged equity products moving higher in tandem with the positive overnight tone in the broader market.