Direxion Daily MU Bull 2X Shares is trading at $765.93 (+15.82%) following news that Micron (MU) will be added to the S&P 500.
- The inclusion news has triggered a sharp rally in Micron shares, directly boosting the performance of this 2x leveraged ETF.
- The broader semiconductor complex is also rebounding from a previous rate-driven selloff as investors reassess market pressure from higher yields and Friday’s jobs surprise.