Market Madness: RZLV (Direxion 2X S&P ETF) Soars With Record Highs
The Direxion 2× S&P 500 Bull ETF (SPUU) traded near $182 midday Oct 3, flat to slightly higher, mirroring the S&P 500’s record close at 6,715 on Oct 2. U.S. stocks hit new highs despite a government shutdown and weak jobs data, with investors anticipating Fed rate cuts. Analysts warn of possible pullbacks after steep tech-led gains. Yahoo’s RZLV ticker refers to Rezolve AI PLC, unrelated to SPUU.
