• Direxion Daily Semiconductor Bull 3X Shares (SOXL) surged 4.77% today, driven by an unprecedented $3.0 billion inflow into the ETF as part of a broader $12.3 billion poured into technology funds.
  • The semiconductor sector extended its rebound, contributing to a broader tech rally, with the Nasdaq finishing higher despite early pressure from Adobe's post-earnings drop.
  • Market sentiment was further boosted by enthusiasm surrounding the blockbuster SpaceX IPO, which saw its shares soar on debut, and easing geopolitical concerns.