🟢 Trading--Leveraged Equity ETF (TNA) is trading 2% up today as in-line July CPI supports small caps

TNA is trading at $75.73, up +2.01%, as in-line July CPI supports small-cap stocks.

• The Russell 2000 is up roughly 0.44%, with small caps benefiting from a broader risk-on response to July CPI.
• Headline CPI increased 3.4% year over year and core CPI 2.5%, both matching expectations and reducing immediate Federal Reserve rate-hike concerns.
• TNA’s leveraged Russell 2000 exposure amplifies the move; broader equities are higher, supported by strong technology and AI earnings.