Direxion Daily Technology Bull 3X Shares is trading 10.2% up today on a tech and semiconductor relief rally as the sector recovers from last week's leveraged selloff.
- The rebound follows a period of volatility where a strong May jobs report sparked fears of higher-for-longer interest rates, triggering outsized declines in high-beta tech stocks and 3x leveraged products.
- With no major economic data due on June 08, 2026, easing geopolitical tensions and a broad risk-on mood are supporting the information technology sector, further amplifying gains for this ETF.