🔴 Leverage Shares 2X Long ARM Daily ETF is trading 5.5% down today on semiconductor selloff and rising rate fears

Leverage Shares 2X Long ARM Daily ETF is trading 5.5% down as traders dump high-beta semiconductor and AI exposure amid a broader tech rout and rising interest rate fears.

• The decline tracks a continued selloff in ARM and industry peers following Broadcom’s earnings-driven semiconductor pullback.
• A stronger-than-expected U.S. jobs report has shifted market expectations toward a higher-for-longer Fed policy, placing significant pressure on leveraged growth ETFs.