| 
May 28, 2023
- Top laggard Direxion Daily Semiconductor Bear 3x Shares gave up $2.75, or 19.5% Friday IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day Friday (down 0.039%).
- CAC rises by 1.24%, reaching 7,319.18.
Friday's trading session saw to it that markets closed higher Friday, as Nasdaq gained 2.19% and closed at 12,976. S&P 500 ended the session at 4,205.45 after a 1.3% gain.
US markets are now currently closed and set to reopen Tuesday; meanwhile, European markets closed higher Friday whilst CAC added 1.24% to trade at 7,319.18. Upbeat Asia-Pacific markets ended Friday higher as ASX 200 is up by 0.23%, hitting 7,154.8.
3Rd quarter earnings season is mostly over, with Pinduoduo & Booz Allen Hamilton Holding Corporation releasing their earnings reports just this week.
On a negative note, the market received some disappointing news as Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.
Today's rise takes place amid mixed market indicators — United States Core PCE Price Index (MoM) (Apr) released Friday with a figure of 0.4, while the previous figure was 0.3. United States CFTC Crude Oil speculative net positions came out at 193,100.
Furthermore, the market is looking at Tuesday data for United States Consumer Confidence will be released, with an expected decline to 99 from the preceding figure of 101.3.
While most assets did well Friday, some did better than others as Direxion Daily Semiconductor Bull 3x Shares trades at $22.88 having gained 19.48%.
Friday's bullishness contained stragglers as Direxion Daily Semiconductor Bear 3x Shares closed at $11.35 having dropped 19.5%. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF had a negative day Friday (down 0.039%).
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF has been pretty quiet for the last a month, trading mostly flat and moving by only 0.02 cents on average.
Direxion Daily Semiconductor Bear 3x Shares | Closed $2.75 (-19.5%) lower at $11.35
Direxion Daily Semiconductor Bear 3x Shares's bearish run has lasted 3 days so far (-$3.47). More of the same from Friday's session: a tough session dominated by bearish sentiment left SOXS $2.75 lower, while setting a $11.13 to $13.51 session range.
