TNA is trading at $67.65, up 2.07%, as softer-than-expected August ADP payroll growth may revive expectations for easier Federal Reserve policy after the Russell 2000’s September 1 selloff.
- August ADP payroll growth was 38,000 versus the 47,000 consensus, potentially reducing pressure from borrowing costs.
- Treasury yields eased modestly, while oil paused its advance, improving risk appetite for rate-sensitive small-cap stocks.