Benzinga's Top ETF Decliners, May 23rd (CZM, EDC, SOXL, ERX)

Direxion Daily China Bull 3x Shares ETF CZM traded 8.14% lower today as Baidu.com, Inc. (ADR) BIDU fell 3.88%, and China Mobile Ltd. (ADR) CHL dropped 1.90%. Direxion Daily Emerging Markets Bull 3x Shares(ETF) EDC dropped 6.18%, and it closed at $34.45. This was the third trading session in a row that EDC closed in the negative territory. Direxion Daily Semiconductor Bull 3X Shares SOXL fell 6.15%, and closed at $51.30. In the semiconductor space, Texas Instruments Incorporated TXN traded 2.14% lower. Direxion Daily Energy Bull 3X Shares(ETF) ERX lost 4.48% as Baker Hughes Incorporated BHI fell 2.05%, and Halliburton Company HAL dropped 2.16%.