🔴 UVXY is trading 4.65% down today as U.S. equity futures rebound after tech selloff

UVXY is trading at $17.69 (-4.65%) as U.S. equity futures recover from last week’s technology-led selloff, signaling a reduction in near-term market fear.

• Nasdaq 100 futures rose 1.3% and S&P 500 futures gained 0.8% overnight, leading to a corresponding decline in VIX futures which UVXY tracks.
• The market rebound follows a period of heightened volatility triggered by AI-infrastructure debt concerns that pressured major technology shares.
• Despite the current easing of volatility, the broader risk backdrop remains in focus as investors monitor upcoming corporate earnings and global developments.