On July 28, Direxion Daily Semiconductors Bear 3x Shares rose 8.08% overnight, trading at $59.29 USD/share, with turnover of $143 million.

As a triple-leveraged inverse semiconductor ETF, the fund's continued overnight strength suggests sustained selling pressure in the broader semiconductor sector. The fund had already gained 8.25% during the prior regular session on July 27, representing a sharp reversal from earlier weakness tied to the announced $950 billion cooperation agreement between Samsung Electronics, SK Group, and major U.S. chipmakers including NVIDIA and Broadcom.

The fund invests at least 80% of net assets in financial instruments that, in combination, provide 3X daily inverse or short exposure to the ICE Semiconductor Index, a rules-based, modified float-adjusted market capitalization-weighted index that tracks the performance of the thirty largest U.S. listed semiconductor companies. The fund is non-diversified.

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