ProShares Ultra Consumer Goods Price & Performance (UGE)

Tesla, Apple, and Amazon experienced notable trading volumes recently, reflecting investor focus on retail stocks. Tesla's shares dropped $12.06, closing at $237.92, while Apple gained $0.86, reaching $214.35. Amazon saw a slight decline of $0.36, ending at $197.59. These movements highlight the volatile nature of consumer-driven sectors.1

Asian and European markets posted gains on Monday, with Japan's Nikkei 225 rising 0.95% and China's Shanghai Composite up 0.19%. European indices, including Germany's DAX and France's CAC, also edged higher. Meanwhile, gold traded near record highs at $3,004.46 as investors awaited U.S. Federal Reserve updates.2

Leveraged and inverse ETFs aim to amplify or reverse index returns daily, but long-term results often deviate due to compounding effects. Factors like option theta and roll yield add to operational costs, making these products suitable only for experienced investors with a high risk tolerance.3