Markets closed sideways but Direxion Daily Semiconductor Bull 3X Shares, Direxion Daily FTSE China Bull 3X Shares, ETFMG Alternative Harvest ETF drop and make it on this unflattering list of yesterday's losing ETFs.
A quick update: markets completed a mixed session yesterday, as Nasdaq shed 1.1% and closed at 10,426. S&P 500 closed at 3,589, a 0.65% change.
Current market events are being influenced by ambiguous macro data as highly important Producer Price Index data from United States beat analyst expectations of 0.2% with a reading of 0.4%.
While markets traded sideways yesterday, some ETFs suffered serious losses. Here is the list of top losers from yesterday:
ETFMG Alternative Harvest ETF | Closed session at $4.63
Having fallen 98 cents in 4 days, Yesterday's session continued down the same path: ETFMG Alternative Harvest ETF slid down from $4.83 to $4.63, taking a 20 cents loss (4.14%)
Direxion Daily Semiconductor Bull 3x Shares | Closed session at $7.57
Having set a significant high of $73 a day ago, Direxion Daily Semiconductor Bull 3x Shares is trading 9.38% lower.
Direxion Daily FTSE China Bull 3X Shares | Closed yesterday's session at $35.76
Direxion Daily FTSE China Bull 3X Shares is now trading 55.17% below its 3-month high of $102.67.