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July 01, 2023
Markets closed higher yet MicroSectors FANG+ Index -3X Inverse Leveraged ETN, ProShares UltraPro Short QQQ, Direxion Daily Semiconductor Bear 3X Shares top this unflattering list of yesterday's losers
What happened after yesterday's session ended? Markets closed higher yesterday; S&P 500 gained 1.23% and closed at 4,450.38. Nasdaq ended the session at 13,800 after a 1.45% gain.
More data out yesterday as United States Core PCE Price Index (YoY) (May) came out at 4.6, while a consensus of analysts was expecting 4.7.
Despite yesterday's market climb several etfs suffered losses. Take a look at the market's Top Losers.
ProShares UltraPro Short QQQ | Closed down 4.49% at $18.91 yesterday
ProShares UltraPro Short QQQ is up 4.71% from the significant low of $18.91 it hit a day ago.
-4.27%: SOXS closed at $9.87 after losing 4.27% yesterday
More of the same from yesterday's session: a tough session dominated by bearish sentiment left SOXS 44 cents lower, while setting a $9.75 to $10.14 session range.
-5.49%: FNGD falls back to $8.95 after shedding 5.49% yesterday
Yesterday's session continued the recent downtrend: a tough session dominated by bearish sentiment left FNGD 52 cents lower, while setting a $8.76 to $9.15 session range.
