Benzinga's Top ETF Decliners (FAZ, SMN, EDZ, FXP)
Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) is currently leading the decliners among ETFs. FAZ is down more than 4.5%, while Goldman Sachs Group, Inc. (NYSE: GS) trades approximately 2% higher.
ProShares UltraShort Basic Materls (ETF) (NYSE: SMN) is also struggling today. It fell approximately 4% so far, while in the basic materials sector Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) added 4.4%.
Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSE: EDZ) trades 3.3% down, on a strength of the MSCI Emerging Markets Index. In the space, China Mobile Ltd. (ADR) (NYSE: CHL) trades approximately 1% higher.
ProShares UltraSh FTSE/Xinhua China 25 (NYSE: FXP) fell 3.53% so far. It opened the session at $38.36, but it is now trading at approximately $37.5.
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