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South Korea’s stock market has crashed again, and U.S. stock futures are all down in pre-market trading.
South Korea’s stock market fell again, and related ETFs in the U.S. futures market reacted first:
3x leveraged Korea ETF: down 24%
2x leveraged DRAM ETF: down 20%
3x leveraged Semiconductor ETF: down more than 10%
2x leveraged SNDK ETF: down more than 15%
When South Korea falls, the global storage and semiconductor supply chain trembles together.
$KORU $DRAM $SOXL