TNA is trading at $73.88, up +2.14%, after weak July payrolls of 73K versus 110K expected reduced concerns about near-term rate hikes.
- Lower-rate expectations supported small-cap equities; futures rose: S&P 500 +0.37% and Nasdaq +0.86%.
- TNA targets 300% of the Russell 2000’s daily performance, amplifying the small-cap rebound.
- Middle East tensions and active oil markets remain secondary risks.