🔴 Direxion Daily Semiconductor Bear 3X Shares is trading 3.6% down today as semiconductor stocks rebound from Fed-driven selloff

Direxion Daily Semiconductor Bear 3X Shares is trading 3.6% down today as semiconductor and broader technology names rebound following a sharp Fed-driven selloff on June 17, 2026.

• The fund, which moves opposite the ICE Semiconductor Index, is facing downward pressure as chip stocks recover from the Federal Reserve’s hawkish rate-hold decision.
• This move extends the recent period of high volatility for leveraged semiconductor exposure as investors digest the central bank's latest policy outlook.
• As a 3x inverse vehicle, the ETF experiences amplified losses when the underlying semiconductor sector shows strength following macro-driven pullbacks.