🔴 Small-Cap ETF (TNA) is trading 2% down in pre-market U.S. futures weigh on leveraged small caps

TNA is trading at $59.58, down 2.01%, as sharply lower U.S. equity futures weigh on leveraged small-cap exposure.

• S&P futures were down 0.98% and Nasdaq futures down 2.26%.
• Overnight losses in Amazon and Intel intensified technology-led selling and concerns about AI spending; Asian markets also declined.
• No U.S. indicator was scheduled before the 6:16 a.m. alert; the Employment Cost Index was due at 8:30 a.m. ET.