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home / news releases / SMLL - U-Economy V-Stock Market


SMLL - U-Economy V-Stock Market

In a completely unexpected turn of events, the Nasdaq-100 index turned positive this week for 2020. Just 28 trading days from hitting its crash low in March. At the same time, the economy went in exactly the opposite direction over the past month. Job losses were shocking in April, with Non-Farm Payrolls falling 20.5 million. The official unemployment rate jumped in its fastest rate in history to 14.7% (and closer to 20% if the BLS had counted absentee workers). The manufacturing sector melted down as the Institute for Supply Management's survey of non-manufacturing companies plummeted

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Stock Information

Company Name: Direxion Daily Small Cap Bull 2X Shares
Stock Symbol: SMLL
Market: NYSE

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