Markets closed higher yet ProShares UltraPro Short Russell2000, Direxion Daily Small Cap Bear 3X Shares, MicroSectors FANG+ Index -3X Inverse Leveraged ETN top this unflattering list of yesterday's losers
A quick update before today's session: markets closed higher yesterday, as S&P 500 ended the session at 4,076.6 after a 1.46% gain. Dow Jones closed the day at 34,100, having gained 1.09%.
Today's rally takes place amid mixed market indicators — highly important Consumer Confidence data from United States beat analyst expectations of 109 with a reading of 107.1.
Despite yesterday's market climb several ETFs suffered losses. Take a look at the market's Top Losers.
-7.16%: TZA falls back to $26.44 after shedding 7.16% yesterday
A tough session dominated by bearish sentiment left TZA $2.04 lower, while setting a $26.4 to $28.27 session range.
-6.23%: FNGD lost 6.23% yesterday, ending at $33.4
A tough session dominated by bearish sentiment left FNGD $2.22 lower, while setting a $33.34 to $35.77 session range.
-7.17%: SRTY closed at $40.67 after losing 7.17% yesterday
A tough session dominated by bearish sentiment left SRTY $3.14 lower, while setting a $40.57 to $43.53 session range.