Semiconductor ETFs Plummet at US Market Open, Direxion 3x Korea ETF Down 35%
On June 23rd, at the opening of the US stock market, the Direxion Daily MSCI South Korea Bull 3X Shares (KORU) plummeted 35%. The Direxion Daily Semiconductor Bull 3X Shares (SOXL) fell 22%. The Direxion Daily S&P Semiconductor Bull 2X Shares (SSNL) and the Direxion Daily Technology Bull 2X Shares (TECL) both dropped over 22%, while the Direxion Daily Technology Bull 2X Shares (TECL) fell 18%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk changes his stance! Tesla (TSLA.US) delays Cybertruck production halt to late summer 2027, just two days after suggesting “refund deposits”
Elon Musk stated that Cybertruck production will be extended until late summer 2027 to clear the order backlog, and Tesla's stock price rose by about 4%.
Japanese dovish policymaker urges "slow down": Price increases are not driven by demand, rate hikes may drag down the economy and inflation
Toichiro Asada, a member of the Bank of Japan's Policy Board, stated that the central bank needs to remain cautious and closely monitor the impact of rate hikes on the economy, as rising interest rates pose the risk of suppressing the inflation trend.
Don't Be Misled by "Instant Purchase, Instant Access": Pro Series Zero Wait Has Been the Norm for Years, UBS Maintains Apple (AAPL.US) Target Price at $340
The waiting time for iPhone 18 Pro is approaching zero, and Duo deliveries are scheduled until the end of January. UBS maintains its forecast for iPhone revenue in the December quarter at $95.1 billions, representing a year-on-year increase of 11.5%.
Crypto prices
More
