TNA is trading 2.3% up as investors cautiously add back risk to small-cap stocks following Monday's AI-driven selloff in high-beta names.

  • Market participants are positioning for the 8:30 AM EST CPI report, with traders anticipating potentially cooler inflation and a less aggressive Federal Reserve path.
  • The 3x leveraged play on the Russell 2000 is seeing a recovery in demand as the Nasdaq and other risk assets firm up ahead of the macro data release.
  • Investors are looking for small caps to reclaim recent losses if the inflation print supports a shift in sentiment toward a more dovish monetary outlook.