🔴 Leveraged Volatility ETF (UVIX) is trading 2.05% down in pre-market as equity futures rebound, easing volatility pressure

UVIX is trading at $43.91 with a -2.05% change in pre-market as equity futures rebound.

• S&P 500, Nasdaq, and Dow futures are higher, reducing immediate demand for volatility hedges.
• The previous equity selloff, elevated Treasury yields, and Middle East tensions still support volatility, though overnight risk sentiment improved.
• U.S. flash PMI data due at 9:45 a.m. EST could add volatility later; the VIX remained elevated near 16.01, suggesting volatility has not fully normalized.