Wall Street was upbeat last week. Abating banking crisis and a less-hawkish Fed led to the rally in Wall Street.
Inverse ETFs surged yesterday despite the Fed's less-hawkish tone. Yellen's testimony probably have triggered the market selloffs.
Watch the Direxion Daily S&P 500 Biotech Bull 3X Shares (NYSEARCA: LABU) if you want a speculative play in the biotechnology industry with amplified volatility.
Wall Street gave a dismal performance last month on Fed's longer-than-expected rate hike speculation, with all three major indices in red.
Rising rate worries have weighed on the biotech sector. However, these biotech ETFs still have lost the least in recent days.
Wall Street was downbeat last week. The S&P 500 and the Nasdaq recorded the worst week since December.
Wall Street was downbeat last week, probably due to the relentless market forecasts of a looming recession and an uncertain Fed rate outlook.
Wall Street was downbeat last week. Each of the key equity gadgets -- the S&P 500 (down 0.7%), the Dow Jones (down 0.01.%), the Nasdaq Composite (down 1.6%) and the Russell 2000 (down 1.8%) -- lost last...
Wall Street was downbeat last week. Rising rate worries and recessionary fears were the key concerns.