Direxion Daily Semiconductor Bear 3x Shares crashes 18.44% by midday IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) has also underperformed today.
European markets have struggled to gain ground and are now trading lower midway through the session.

With the trading session well underway, markets are mixed with Nasdaq up to 12,700, gaining 1.75%. S&P 500 goes up 0.89%, trading at 4,152.

European markets are down as FTSE is down by 0.74%, slides down to 7,571 Asia-Pacific markets are currently mixed so far this session.

3Rd quarter earnings season is mostly over, with Royal Bank Of Canada and RH releasing their earnings reports just this week.

Ambiguous macro data is influencing the market as highly important Pending Home Sales data from United States beat analyst expectations of 0.5% with a reading of 0%. Data for United States GDP released today at 12:30 UTC is better than expected with 1.3, but worse than previous figure of 2.6. Highly important Initial Jobless Claims data from United States beat analyst expectations of 250,000 with a reading of 229,000.

Furthermore, the market is looking at tomorrow at 12:30 UTC data for United States Core Durable Goods Orders will be released, with an expected decline to 0% from the preceding figure of 0.2%. United States Core PCE Price Index (MoM) (Apr) will be released tomorrow at 12:30 UTC.

While markets are generally sideways so far today, these assets are pulling ahead as VanEck Semiconductor ETF up 8.43% trading at $140.24.

Despite lacklustre price action, some assets are lagging behind their peers as Direxion Daily Semiconductor Bear 3x Shares is trading at $14.33, crashes 18.44%. IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) has also underperformed today.

IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Currently steady around $25.35

It's been more of the same this session on the back of a month of flat trade,

Direxion Daily Semiconductor Bear 3x Shares | -18.44% in mid-session

7 months ago Direxion Daily Semiconductor Bear 3x Shares reached a significant high of $80.05 but has consequently lost 78.05% since then.
Shareholders to attain annual dividend yield of 5.25% this year

Approximately 7 months ago, Direxion Daily Semiconductor Bear 3x Shares reached a significant high of $80.05 but has struggled to hold onto its gains and declined 78.05% since then.