Meet the 3 top gaining stocks in today's bearish market

Published: September 29 2022, 19:00 GMT+0

Meet the 3 top gaining stocks in today's bearish market

Markets are mostly pointing down as we head into the end of today's session, but Direxion Daily Semiconductor Bear 3x Shares gains 13.11% to top this list of the 3 biggest gainers at the moment.

The leading indices are currently lower — S&P 500 trades at 3,613.8 after losing 2.83%. Dow Jones slipping 2.22% and closing at 29,026.

On the other hand, positive data was released earlier when United States Initial Jobless Claims came out at 193,000, better than analyst estimates of 215,000 and improving upon the previous reading of 209,000.

MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | +13.09%; session high: $64.41 session low: $59.83

Approximately 4 months ago, MicroSectors FANG+™ Index -3X Inverse Leveraged ETN reached a significant high of $89.45 but has struggled to hold onto its gains and declined 36.61% since then.

Direxion Daily Semiconductor Bear 3x Shares | +13.11%; session high: $69.75 session low: $64.11

After closing the previous trading day at $61.25, Direxion Daily Semiconductor Bear 3x Shares rose as high as $69.75 today before paring back gains and trading at $69.28.

ProShares UltraPro Short QQQ | +11.33%; session high: $60.02 session low: $55.74

ProShares UltraPro Short QQQ went up to $60.02 only to drop back to some of the way and is now trading at $59.76.

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