🔴 Direxion Daily Semiconductor Bear 3X Shares is trading 14.8% down today as traders rotate back into chip stocks following the Fed rate decision

Direxion Daily Semiconductor Bear 3X Shares is trading 14.8% down today as traders rotate back into chip stocks following the Federal Reserve’s June 17, 2026, decision to hold rates at 3.50%-3.75% while dropping explicit forward guidance.

• The shift in Fed policy has encouraged a risk-on tone and short-covering across the semiconductor sector, placing heavy pressure on inverse products.
• As a triple-inverse leveraged ETF, the fund's intraday losses are significantly magnified relative to the rebound in semiconductor equities and Nasdaq futures.