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April 21, 2023
Markets closed sideways but Direxion Daily FTSE China Bull 3X Shares, ProShares Ultra VIX Short-Term Futures ETF, SPDR S&P Metals and Mining ETF drop and make it on this unflattering list of today's losing etfs.
What happened after today's session ended? Markets did not have a clear cut direction — Nasdaq closed 12,072 after a stable day. Dow Jones closed at 33,800 after a flat day.
This limbo state is reflected by market data published as United States Services PMI released today at 13:45 UTC with a figure of 53.7, while the previous figure was 52.6.
While markets traded sideways today, some etfs suffered significant losses. Here is the list of Top Losers from today:
-2.84%: UVXY falls back to $3.77 after shedding 2.84% today
Today's session continued the recent downtrend: ProShares Ultra VIX Short-Term Futures ETF slid down from $3.88 to $3.77, taking a 11 cents loss (2.84%)
SPDR S&P Metals & Mining ETF continued its four days losing streak, dropping by $1.33, closing at $50.19
Today's session continued down the same path: a tough session dominated by bearish sentiment left XME $1.33 lower, while setting a $49.8 to $51.04 session range.
Direxion Daily FTSE China Bull 3X Shares | Currently down 4.68% at $41.56
Direxion Daily FTSE China Bull 3X Shares has shed 37.73% over the past three months.
