Direxion Daily Nvda Bull 2X Shares is trading 3.2% down today as NVIDIA and the broader tech sector sell off following the Federal Reserve’s latest policy decision.
- The Fed held interest rates steady but signaled a more hawkish outlook by removing expectations for 2026 cuts and warning that the next move could be a hike.
- Rising yields are pressuring growth and AI-linked names like NVIDIA, which serves as the primary driver for this 2x leveraged ETF's performance.