ProShares - Ultra S&P500·Financial Services

US stocks surge on the week, but S&P 500 momentum fades Friday. CPI data, oil prices, and geopolitics drive cautious market outlook.

The slide marks NOW's steepest weekly drop since 2016 and represents a sharp reversal for a stock that investors had treated as a high‑quality way to play digital transformation and enterprise AI.

Nvidia shares are up for the eighth session in a row.

Lumentum and Coherent shares climbed again after upbeat comments on hyperscaler demand and fresh price-target hikes from J.P. Morgan.

The US stock markets are focusing on the ceasefire more than anything else at the moment, as the markets looks a touch stretched early on Friday.

8am: Caution prevails US equity futures point to a broadly flat open, with a marginally positive tone belying the cautious mood across global markets. All eyes turn to the March CPI print, due at 8:30am ET, which is expected to reflect the inflationary ripple effects of elevated energy prices.
ProShares Ultra S&P500 seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500.
Financial Services
Asset Management
2006-06-21
2.03