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March 01, 2023
Markets closed lower, with Direxion Daily FTSE China Bull 3X Shares, ProShares Ultra VIX Short-Term Futures ETF, Direxion Daily Energy Bull 2X Shares making yesterday's list of top losers.
A quick update before today's session: leading equity indices in the US declined as Dow Jones shed 0.71% and closed at 32,657. S&P 500 was down 0.3% before closing the session at 3,970.
This down-slide takes place while United States macroeconomics indicators data published earlier are pointing downward as well — highly important Consumer Confidence data from United States beat analyst expectations of 108.5 with a reading of 102.9.
In line with markets falling yesterday, some etfs made the list of top losers. Take a look.
ProShares Ultra VIX Short-Term Futures ETF | Closed down 3.39% at $5 yesterday
Having fallen 27.5 cents in 3 days, Yesterday's session continued the recent downtrend: a tough session dominated by bearish sentiment left UVXY 16.5 cents lower, while setting a $4.9 to $5.14 session range.
-2.98%: ERX closed at $59.63 after losing 2.98% yesterday
Yesterday's session continued down the same path: Direxion Daily Energy Bull 2X Shares slid down from $61.46 to $59.63, taking a $1.83 loss (2.98%)
-3.48%: YINN lost 3.48% yesterday, ending at $41.84
Yesterday's session suggests a further slow down: Direxion Daily FTSE China Bull 3X Shares slid down from $43.35 to $41.84, losing $1.51 (3.48%) today.
