The semiconductor stocks struggled today, and Advanced Micro Devices, Inc. AMD was one of the worst performers in the space with a decline of 7.95%. Intel Corporation INTC traded lower too. It dropped 4.02%, and closed at $19.82. Bear-Market semiconductor ETFs traded higher on the weakness in the space. Direxion Daily Semiconductor Bear 3X Shares SOXS gained 7.61%, and ProShares UltraShort Semiconductors(ETF) SSG added 5.75%.
Direxion Small Cap Bear 3X Shares (ETF) TZA gained 5.53% today, as the Russell 2000 Index fell 2%. TZA had a solid volume today, with 20.88M traded shares.
ProShares UltraShort FTSE/Xinhua China 25 FXP jumped 4.31%, as China Mobile Ltd. (ADR) CHL fell 1.16%. PetroChina Company Limited (ADR) PTR dropped 1.80%, and closed at $114.45.
Beat the market consistently by receiving real-time trade alerts from the ETF Professor!
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in