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Direxion Daily S&P 500 High Beta Bear 3X ETF News

$23.99
+0.180 (+0.756%)
At Close: May 21, 2024
Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Wall Street was downbeat last week with all notable U.S. indexes being in the red. Rising inflation, hawkish Fed and fast-spreading Omicron variant of COVID-19 led to this bloodbath.

6 Inverse ETFs Gain on Broad Market Sell-Off

01:53pm, Tuesday, 21'st Sep 2021
The broad market sell-off has resulted in a spike for inverse or inverse leveraged ETFs. These products either create a short position or a leveraged short position in the underlying index.
Wall Street was subdued last week due to the Fed's taper talks. As a result, these inverse ETFs won massively.
Wall Street was subdued last week. A slew of earnings results for the second quarter and a new report on consumer spending for June came in stronger than expected.

4 Best Inverse/Leveraged ETFs of Last Week

01:32pm, Monday, 21'st Jun 2021
Rate hike talks weighed on the stock market last week. These inverse/leveraged ETF areas gained the maximum.
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