🔴 ProShares UltraPro S&P500 is trading 3.24% down today amid a broad risk-off selloff in U.S. equities

ProShares UltraPro S&P500 is trading at $144.48 (-3.24%) tracking a broad risk-off selloff in U.S. equities as growth stocks weaken.

• The move follows significant declines in major benchmarks, with the S&P 500 down about 1.05% and the Nasdaq down 1.83%.
• As a 3x leveraged S&P 500 ETF, the fund's intraday losses are magnified relative to the underlying index.
• Broad technology weakness and softer market sentiment are the primary drivers of the move rather than any ETF-specific news.