🔴 Direxion Daily Small Cap Bull 3X Shares is trading 3.2% down today as Russell 2000 sentiment weakens ahead of CPI data

Direxion Daily Small Cap Bull 3X Shares is trading at $62.40 (-3.2%) as small-cap sentiment softens and pre-market futures point to a broad market decline across the S&P 500, Nasdaq, and Dow.

• The move follows a volatile session where U.S. stocks reversed from an early rebound, with the ETF experiencing amplified losses due to its 3x daily leverage of the Russell 2000.
• Market participants are focused on the upcoming 8:30 AM CPI release, which may further pressure yields and small-cap equities if inflation data runs hotter than expected.