Direxion Daily S&P500 Bull 3X Shares is trading 3.1% up today as U.S. equities rebound from the prior session’s Fed-induced pullback.
- The S&P 500 is up approximately 1% with the Nasdaq leading gains, lifting leveraged beta products tied to the index.
- Today’s move reflects a classic snapback after the June 17 Fed meeting triggered a broad risk-off move.
- Investors are repositioning into equities as no new data hits the tape and the technology sector outperforms.