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June 28, 2023Markets closed higher yet Direxion Daily Semiconductor Bear 3X Shares, MicroSectors FANG+ Index -3X Inverse Leveraged ETN, ProShares Ultra Bloomberg Natural Gas top this unflattering list of yesterday's losers
A review of what happened yesterday: markets were up yesterday; Nasdaq closed the day at 13,556, having gained 1.65%. S&P 500 ended the session at 4,378.41 after a 1.15% gain.
More data out yesterday as United States New Home Sales (May) released yesterday at 14:00 UTC with a figure of 763,000, while the previous figure was 680,000.
Despite yesterday's market climb several etfs suffered losses. Take a look at the market's Top Losers.
Direxion Daily Semiconductor Bear 3x Shares | Closed $1.16 (-10.29%) lower at $10.11
Over the past 8 months, Direxion Daily Semiconductor Bear 3x Shares has retreated 85.92% from a noteworthy peak of $80.05.
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | Closed 64 cents (-6.29%) lower at $9.53
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN has fallen back around 88.44% over the past 7 months, from a notable high of $87.97.
-6%: BOIL lost 6% yesterday, ending at $69.62
A tough session dominated by bearish sentiment left BOIL $4.43 lower, while setting a $67.37 to $73.93 session range.
