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April 15, 2023
Markets closed lower, with Direxion Daily S&P Biotech Bull 3X Shares, Direxion Daily FTSE China Bull 3X Shares, VanEck Vectors Junior Gold Miners ETF making yesterday's list of top losers.
A review of what happened yesterday: leading equity indices in the US declined as Dow Jones shed 0.42% and closed at 33,900. Nasdaq was down 0.35% before closing the session at 12,123.
This downslide might be related to financial indicators data published earlier as following a previous reading of 0%, Core Retail Sales in United States released yesterday at 12:30 UTC fell short of the -0.3% figure expected by analysts with an actual reading of -0.8%.
In line with markets falling yesterday, some etfs made the list of top losers. Take a look.
-2.82%: GDXJ closed at $42.39 after losing 2.82% yesterday
A tough session dominated by bearish sentiment left GDXJ $1.23 lower, while setting a $41.65 to $43.36 session range.
Direxion Daily FTSE China Bull 3X Shares | Closed down 3.66% at $43.16 yesterday
Though in the midst of a 3 day uptrend, gaining a total of 3.08%, ($2.93), Yesterday's session suggests run might be coming to an end — a tough session dominated by bearish sentiment left YINN $1.64 lower, while setting a $42.66 to $44.38 session range.
Biotech Bull and Bear 3X ETF | -4.78% at $5.18
Though in the midst of a 7 day uptrend, gaining a total of 9.28%, (70 cents), The prevailing bullish trend is beginning to fade following yesterday's downbeat session. A tough session dominated by bearish sentiment left LABU 26 cents lower, while setting a $5 to $5.44 session range.
