Several semiconductor and Korean related leveraged ETFs saw significant declines at the opening of the US stock market
At the opening of the US stock market, the 3x long South Korean ETF Direxion fell 35%, the 3x long semiconductor ETF Direxion fell 22%, the 2x long SNDK ETF Tradr and MU ETF Direxion fell over 22%, and the 2x long INTC ETF Direxion fell 18%.