Market Overview

Benzinga's Top ETF Decliners (FAZ, TYP, SOXS, TZA, SQQQ)

Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) led the decliners among the ETFs today, as the financial stocks continued to move higher. Goldman Sachs Group, Inc. (NYSE: GS) had a great trading session, with an increase of 5.37%. FAZ fell 5.93%, and closed at $13.64.

Direxion Daily Tech Bear 3x Shares(ETF) (NYSE: TYP) is another bear market ETF that struggled today. TYP fell 5.34%, and in the tech space, Apple Inc. (NASDAQ: AAPL) added 2.62%.

Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) dropped 4.95%, as NVIDIA Corporation (NASDAQ: NVDA) spiked 3.44%. Advanced Micro Devices, Inc. (NYSE: AMD) gained 2.70%.

Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) lost 5.32%, while the Russell 2000 Index gained 1.76%. Tibco Software Inc. (NASDAQ: TIBX) closed 1.80% higher today.

ProShares Trust UltraPro Short QQQ ETF (NYSE: SQQQ) fell 5.15%, and closed at $54.90. SQQQ tracks NASDAQ-100, which jumped 1.62%. Garmin Ltd. (NASDAQ: GRMN) is one of the NASDAQ-100 companies that performed well today. GRMN gained 2.79%, and closed at $28.40.

Posted-In: Sector ETFs Broad U.S. Equity ETFs ETFs

 

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