🟢 Direxion Daily S&P500 Bull 3X Shares is trading 3.6% up today on a tentative U.S.–Iran peace deal and easing inflation worries

Direxion Daily S&P500 Bull 3X Shares is trading 3.6% up today as global markets rally on news of a tentative U.S.–Iran peace agreement.

• The agreement to reopen the Strait of Hormuz has significantly eased oil supply concerns and global inflation fears, lifting equity futures sharply higher.
• As a triple-leveraged vehicle tracking the S&P 500, the fund is seeing outsized gains driven by the growth and tech sectors that dominate the index.
• The geopolitical breakthrough has triggered a broad risk-on sentiment, with the S&P 500 indicated to open significantly higher following the easing of Middle East tensions.