Direxion Daily Nvda Bull 2X Shares is trading 3.9% up today as risk appetite returns to growth and tech sectors following a Fed-induced selloff.
- The ETF is benefiting from a bounce in NVIDIA and the Nasdaq as investors recalibrate to the Federal Reserve's hawkish stance.
- Because the fund targets 200% of NVIDIA’s daily move, the upside is being significantly amplified by fresh capital flowing back into AI and semiconductor leaders.