UVIX is trading at $40.67, up +2.55%, as near-term volatility demand increases amid technology-sector hesitation and Federal Reserve policy event risk.
- Nasdaq 100 futures weakened as Marvell Technology guidance triggered AI-trade profit-taking.
- Investors await Fed Chair Kevin Warsh’s Jackson Hole speech, increasing uncertainty around rates and volatility.
- Weak August consumer sentiment supports defensive positioning; final data is due at 10:00 a.m. ET.