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June 03, 2023
Markets closed higher yet Direxion Daily Small Cap Bear 3X Shares, ProShares UltraPro Short Russell2000, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares top this unflattering list of yesterday's losers
A review of what happened yesterday: markets were up yesterday; Dow Jones ended the session at 33,763 after a 2.12% gain. S&P 500 closed the day at 4,282.37, having gained 1.45%.
Uptick coincides with some positive signs published earlier as United States Non Farm Payrolls came out at 339,000, better than analyst estimates of 180,000 and improving upon the previous reading of 294,000.
Despite yesterday's market climb several etfs suffered losses. Take a look at the market's Top Losers.
-10.77%: TZA falls back to $29.15 after shedding 10.77% yesterday
More of the same from yesterday's session: a tough session dominated by bearish sentiment left TZA $3.52 lower, while setting a $29.13 to $31.69 session range.
ProShares UltraPro Short Russell2000 | -10.62% at $45
All in all, the fund has been on a negative trend for around 29 days.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares | Closed down 8.13% at $15 yesterday
Having soared to a high of $27.6 approximately 10 months ago, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares is now trading 40.76% lower.
