Direxion Daily Semiconductor Bull 3X ETF Surges Over 20% Amid Sector Optimism
The Direxion Daily Semiconductor Bull 3X ETF (SOXL) surged over 20% on June 18, driven by bullish developments in the semiconductor sector. The jump was fueled largely by news of a potential Apple-Intel partnership to establish an all-American supply chain and strong gains across chip manufacturers and equipment makers.
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Topics: ETFs political announcements semiconductors stock market reaction