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July 04, 2023
Markets closed higher yet ProShares Ultra Bloomberg Natural Gas, Direxion Daily Semiconductor Bear 3X Shares, MicroSectors FANG+ Index -3X Inverse Leveraged ETN top this unflattering list of yesterday's losers
What happened after yesterday's session ended? Markets had an interesting day yesterday; Nasdaq ended the session at 13,817 after a 0.21% gain. S&P 500 closed the day at 4,455.59, having gained 0.12%.
More data out yesterday as United States ISM Manufacturing PMI (Jun) released yesterday at 14:00 UTC with a figure of 46, while the previous figure was 46.9.
Despite yesterday's market climb several etfs suffered losses. Take a look at the market's Top Losers.
Direxion Daily Semiconductor Bear 3x Shares | Currently down 2.53% at $9.62
Over the past 8 months, Direxion Daily Semiconductor Bear 3x Shares has retreated 87.67% from a noteworthy peak of $80.05.
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | Closed yesterday's session at $8.73
Having fallen $1.22 in 6 days, More of the same from yesterday's session: MicroSectors FANG+™ Index -3X Inverse Leveraged ETN dipped as low as $8.62 before recovering some lost ground. However, the rebound failed to push the stock to where it started the session ($8.79) with MicroSectors FANG+™ Index -3X Inverse Leveraged ETN closing the day at $8.73.
-4.57%: BOIL falls back to $65.84 after shedding 4.57% yesterday
A tough session dominated by bearish sentiment left BOIL $3.16 lower, while setting a $63.83 to $66.38 session range.
