Direxion Daily MU Bull 2X Shares is trading 6.2% down today, extending a sharp downside reversal that began during the June 9 session following profit-taking in Micron Technology and the broader semiconductor/AI complex.
- Overnight risk-off sentiment and weaker global equity markets are pressuring growth and chip-related plays.
- Trading remains cautious as investors await key U.S. CPI data, adding to the volatility of this 2x leveraged MU-linked instrument.