Direxion Daily S&P 500 Bull 3X Shares (SPXL) — ()
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NASDAQ 100, Dow Jones 30 and S&P 500 Forecast – US Indices Sluggish in Premarket
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Sentiment: Negative ()
The US indices that I follow here at FX Empire are all a bit sluggish in the premarket trading, as traders await the testimony of Jerome Powell in front of …
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Will Powell Signal Trouble? S&P 500, Gold, and Dollar Face Big Test
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Sentiment: Positive ()
Powell's testimony may impact S&P 500, gold, and Treasury yields as traders watch for signals on inflation, rate cuts, and tariff risks ahead of CPI data.
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S&P 500's service focused composition cushions tariff blow, but a 4-5% drop still looms: Citibank
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Sentiment: Neutral ()
Citibank Singapore's Audrey Ho explains how Trump's tax policy could counter tariff risks—but not without challenges, including delayed effects and congressional hurdles.
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About Direxion Daily S&P 500 Bull 3X Shares SPXL
The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.