Direxion Daily Technology Bull 3X Shares is trading at $191.57 (-5.56%) as the information technology sector faces significant pre-market pressure ahead of the 08:30 CPI release.
- Nasdaq futures are trading lower as risk sentiment weakens following a sharp late-day reversal on June 9, when technology shares surrendered early gains to close sharply lower.
- Broader market weakness is reinforcing the downward move, with major U.S. indices and overseas risk assets trending lower overnight.