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June 02, 2023Markets closed higher yet ProShares Ultra Bloomberg Natural Gas, ProShares Ultra VIX Short-Term Futures ETF, ProShares UltraShort Bloomberg Crude Oil top this unflattering list of yesterday's losers
Before today's session begins, here is a reminder of recent events: leading equity indices in the US rose as S&P 500 gained 0.99% and closed at 4,221. Nasdaq ended the session at 13,100 after a 1.28% gain.
Uptick coincides with some positive signs published earlier as United States Crude Oil Inventories beat analyst expectations of -1.10 million and the previous reading of -12.46 million with new data of 4.49 million.
Despite yesterday's market climb several etfs suffered losses. Take a look at the market's Top Losers.
ProShares Ultra VIX Short-Term Futures ETF | Closed yesterday's session at $2.79
ProShares Ultra VIX Short-Term Futures ETF hit a significant low of $2.79 around a day ago, but has since recovered 9.32%.
ProShares UltraShort Bloomberg Crude Oil | -6.19% at $27.14
A tough session dominated by bearish sentiment left SCO $1.79 lower, while setting a $26.44 to $28.85 session range.
-9%: BOIL falls back to $2.33 after shedding 9% yesterday
More of the same from yesterday's session: a tough session dominated by bearish sentiment left BOIL 23 cents lower, while setting a $2.28 to $2.41 session range.
