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June 26, 2023Markets closed lower, with Direxion Daily FTSE China Bull 3X Shares, Direxion Daily S&P Biotech Bull 3X Shares, Direxion Daily Semiconductor Bull 3X Shares making Friday's list of top losers.
A quick update: leading equity indices in the US declined as after dropping 0.77%, S&P 500 closed at 4,348.33. Nasdaq slipped 1% and closed at 13,500.
In line with markets falling Friday, some etfs made the list of top losers. Take a look.
Direxion Daily Semiconductor Bull 3x Shares | Closed $1.21 (-5.24%) lower at $21.89
Having fallen $3.54 in 7 days, Friday's session continued the recent downtrend: a tough session dominated by bearish sentiment left SOXL $1.21 lower, while setting a $21.52 to $22.28 session range.
Direxion Daily FTSE China Bull 3X Shares | -6.45% at $33.21
Approximately 11 months ago, Direxion Daily FTSE China Bull 3X Shares reached a significant high of $100.58 but has struggled to hold onto its gains and declined 64.7% since then.
More of the same for LABU: down 37 cents (5.49%) for a 4th consecutive day
Friday's session continued down the same path: a tough session dominated by bearish sentiment left LABU 37 cents lower, while setting a $6.32 to $6.59 session range.
