GraniteShares 2x Long MU Daily ETF is trading at $628.95 (-6.02%) as the technology sector faces broad selling pressure and macroeconomic uncertainty.
- The ETF is heavily exposed to information technology and semiconductors, tracking the sector's weakness after the Nasdaq plunged 1.80% following a faded rally.
- Investors are maintaining a cautious stance ahead of upcoming CPI and real earnings data, while ongoing Middle East tensions continue to subdue global risk appetite.