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March 13, 2023
With the session well underway, markets are broadly higher while SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, ProShares UltraShort Gold are slipping. Here are the top losers:
Here is where today's session currently stands: the leading indices are climbing up — Nasdaq up 0.71%, trading at 11,218. S&P 500 goes up 0.13%, trading at 3,866.64.
Meanwhile, United States Participation Rate (Feb) released today at 13:30 UTC with a figure of 118.3, while the previous figure was 62.4.
Despite the markets climbing Friday, some etfs are currently down. Take a look at the Top Losers:
SPDR S&P Regional Banking ETF | -12% in mid-session
In the last 23 days, SPDR S&P Regional Banking ETF has lost a total of 31.15% of its value. More of the same today: SPDR S&P Regional Banking ETF is consolidating around the $44.61 level after dropping $6.08 at the start of the trading session.
-9.97%: KBE plunges $4.07 (9.97%) to trade at $36.81
Similar trend today: SPDR S&P Bank ETF drops $4.07 early on and steadies around the $36.81 level.
ProShares UltraShort Gold | Currently down 4.53% at $28.55
ProShares UltraShort Gold is now trading 23.53% below the significant high of $39.1 it set around 5 months ago.
