Direxion Daily Technology Bull 3X Shares is trading 3.1% higher today as U.S. information technology and semiconductor shares extend Monday’s rebound from last week’s rate-hike-fear selloff.
- Overnight strength in Nasdaq futures and a continued relief rally in major chip names are lifting the broader tech complex.
- Traders are focusing on easing immediate Middle East escalation risks and resilient risk appetite in U.S. futures.
- Dip-buying in AI and semiconductor leaders is providing a disproportionate boost to leveraged tech ETFs.