GraniteShares 2x Long MU Daily ETF is trading 2% higher today, tracking a firm technology tape as investors position for this week's FOMC decision.
- Easing energy prices and receding inflation fears are supporting growth sectors and high-beta technology exposures.
- Positive sentiment in the AI and semiconductor space, bolstered by Nvidia’s record bond sale, continues to underpin demand.
- The move is primarily driven by a sector-wide risk-on mood and macro factors rather than a single stock-specific headline.