Samsung Profits Surge 1300%; 30-Year Bond Yield Highest Since 2007; Momo's Favorite Semi ETF Loses 70%
Egypt Fear Please click here for an enlarged chart of Direxion Daily Semiconductor Bull 3X ETF (NYSE:SOXL). Note the following: Semiconductors are the leading sector that drove the stock market higher.
Chip companies are making way more money, and bond interest rates hit their highest level in 17 years. This shows that some parts of the market are doing really well, while others like semiconductor trading bets are struggling—so different investments are moving in different directions right now.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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