Towards the end of the trading session, markets are still higher while ProShares Ultra Bloomberg Natural Gas declines 11.92% to top this list of worst performing etfs
As the trading day draws to a close, the leading indices are showing gains — Nasdaq up to 12,100, gaining 0.78%. S&P 500 up 0.36%, trading at 4,105.27.
Today's rally takes place amid mixed market indicators — United States Initial Jobless Claims released earlier showed a marked improvement to 228,000 from the preceding data of 246,000, but fell short of the 200,000 figure forecast by a consensus of market analysts.
Despite the markets climbing yesterday, some etfs are currently down. Take a look at the Top Losers:
ProShares Ultra VIX Short-Term Futures ETF | Currently down 3.32% at $4.37
ProShares Ultra VIX Short-Term Futures ETF has been losing ground for 10 days, shedding a total of 23.87% of its value. More of the same today: ProShares Ultra VIX Short-Term Futures ETF drops from $4.52 to $4.37, losing 15 cents (3.32%) today.
United States Natural Gas Fund LP | –6.04%; session high: $6.77 session low: $6.32
United States Natural Gas Fund LP has fallen back around 79.91% from the significant high of $33.79 set 7 months ago.
-11.92%: ProShares Ultra Bloomberg Natural Gas set for weak finish today; down 11.92% to $3.02 with a hour before close
ProShares Ultra Bloomberg Natural Gas is sharply lower after losing 40.9 cents, declining as low as $3.02.