Direxion, one of the largest issuers of leveraged and inverse ETFs, announced the addition of a non-leveraged ETF this week that will offer a unique way to access one of the world's most widely-followed benchmarks.
Stocks rose to new heights on Tuesday, in part on stronger retail sales data, pushing the broad market to levels last seen in June 2008 and the Nasdaq composite index to close above 3,000 for the first time since 2000.
It had been up 20 shortly after the opening bell. The Dow had its biggest loss in two weeks on Tuesday, falling 68.94 points. The Standard & Poor's 500 index closed down 2.63 points, or 0.2 percent, at 1,402.89.
The Nasdaq composite closed above 3,000 for the first time since December 2000, when dot-com stocks were collapsing. There was already plenty of good news driving the market higher Tuesday: Retail sales in February increased the most since September ...
The Standard & Poor's 500 index rose 19.40 points to 1,416.51, its highest close since May 2008. The Nasdaq composite index, which is closing in on a 20 percent rally for the year, climbed 54.65 points to 3,122.57, its best finish since November 2000.