The three major U.S. stock indexes closed collectively lower, $Dow Jones Industrial Average (.DJI.US)$ Dropped by 0.25%, with a cumulative decline of 1.99% this week; $Nasdaq Composite Index (.IXIC.US)$ Dropped by 0.93%, with a cumulative decline of 1.26% this week; $S&P 500 Index(.SPX.US)$Dropped by 0.61%, with a cumulative decline of 1.6% this week. Memory-related concept stocks led the gains, $SanDisk (SNDK.US)$up nearly 7%,$Micron Technology(MU.US)$Surging over 5%,$Western Digital (WDC.US)$Climbing over 4%.$Adobe(ADBE.US)$Plummeted over 7%, as the company’s long-serving CEO decided to step down due to disruptive changes in the AI field. Multiple brokerages have lowered their target prices for the company. Mining stocks slumped, $Pan American Silver (PAAS.US)$dropping over 6%,$Coeur Mining (CDE.US)$dropping over 6%,$Harmony Gold (HMY.US)$declined more than 5%.
Top 5 Gainers in U.S. Stock ETFs
$2x Leverage UPXI ETF - T-Rex (PXIU.US)$ Surged over 39.40%, with a trading volume of 1.5773 million US dollars.
$MicroSectors Gold Miners -3X Inverse Leveraged ETNs(GDXD.US)$ Surged over 17.93%, with a trading volume of 52.9479 million US dollars.
2x Leverage GLXY ETF - Leverage Shares (GLGG.US) Surged over 16.53%, with a trading volume of 496,400 US dollars.
$2x Long GLXY ETF-T-REX (GLXU.US) Surged over 16.40%, with a trading volume of 974,700 US dollars.
$2 Leverage SNDK ETF-Tradr (SNXX.US) Surged over 14.07%, with a trading volume of 402 million US dollars.
According to the latest Enterprise SSD (Enterprise Solid-State Drive) industry survey by TrendForce, by the fourth quarter of 2025, the widespread adoption of AI Inference applications will increase demands on storage systems. Coupled with large-scale enterprise upgrades of General Servers and order transfers due to HDD supply shortages, the quarterly revenue growth of the world's top five Enterprise SSD brands is projected to reach 51.7%, surpassing 9.9 billion US dollars.
Top 5 Decliners in U.S. Stock ETFs
MicroSectors Gold Miners 3X Leveraged ETN (GDXU.US) Dropped more than 17.87%, with a trading volume of $402 million.
$2x Leverage ADBE ETF - Leverage Shares (ADBG.US)$ Dropped more than 15.57%, with a trading volume of $49.6456 million.
In the first fiscal quarter, Adobe's revenue increased by 12% year-over-year, with EPS surpassing expectations by nearly 20%. The annualized recurring revenue (ARR) of AI-prioritized products more than tripled compared to the same period last year. Guidance for the second fiscal quarter did not significantly exceed analyst expectations. Shantanu Narayen, the current CEO of Adobe, has been at the helm for eighteen years, during which he led the company through two key transformations, and will step down after a successor is identified. As Adobe continues to explore its AI commercialization path, concerns have arisen regarding the continuity of its strategy amid the CEO transition.
$2x Long PONY ETF-Tradr (PONX.US) Dropped more than 14.29%, with a trading volume of $2.2206 million.
On March 13, Pony AI announced its integration into the "Tencent Travel Service" mini-program. According to Pony AI, users within the operational area in Guangzhou can now hail autonomous vehicles through this mini-program. Additionally, this service will soon be available in the Tencent Maps App.
$2x Leverage PAAS ETF - T-REX (PAAU.US)$ Dropped more than 13.07%, with a trading volume of $227,600.
Precious metal companies' stock prices fell due to declining gold and silver prices along with a stronger US dollar. Additionally, rising energy prices could limit expectations for central banks to ease policies, which also reduced gold's attractiveness as an inflation hedge.
$2x Leveraged EOSE ETF-T-REX (EOSU.US)$ Dropped more than 12.67%, with a trading volume of $2.1438 million.
B. Riley downgraded the target price for Eos Energy Enterprises (EOSE) shares.
Top 5 Gainers in Major U.S. Equity Index ETFs
$1.5X Ultra-Short VIX Futures Proshares (UVXY.US)$ Surged over 2.89%, with a trading volume of 328 million US dollars.
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ Surged over 1.90%, with a trading volume of 4.57 billion US dollars.
$S&P 500 VIX Short-Term Futures ETN iPath (VXX.US)$ Surged over 1.89%, with a trading volume of 497 million US dollars.
UltraPro Short S&P 500 ETF-ProShares (SPXU.US) Surged over 1.82%, with a trading volume of 542 million US dollars.
$ProShares VIX Short-Term Futures ETF (VIXY.US)$ Surged over 1.68%, with a trading volume of 196 million US dollars.
Top 5 Industry ETF Decliners
$SPDR S&P Metals & Mining ETF (XME.US)$ Plummeted over 3.35%, with a trading volume of 244 million US dollars.
$United States Natural Gas ETF(UNG.US)$ Plummeted over 3.07%, with a trading volume of 151 million US dollars.
$Uranium & Nuclear Energy ETF - VanEck (NLR.US)$ Plummeted over 2.97%, with a trading volume of 44.24 million US dollars.
Trump stated that the current focus is not on obtaining uranium materials from Iran.
Basic Materials ETF-iShares (IYM.US) Plummeted over 1.99%, with a trading volume of 8.738 million US dollars.
ProShares Ultra Basic Materials ETF (UYM.US) Plummeted over 1.94%, with a trading volume of 451,100 US dollars.
Top 5 Decliners in Bond ETFs
$Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF.US)$ Dropped by more than 1.54%, with a turnover of 235 million US dollars.
$SPDR Citi International Government Inflation-Linked Bond ETF (WIP.US)$ Dropped by more than 1.36%, with a turnover of 7.2695 million US dollars.
$ProShares Ultra 20+ Year Treasury(UBT.US)$ Dropped by more than 1.23%, with a turnover of 1.0414 million US dollars.
Invesco International Corporate Bond ETF (PICB.US) Dropped by more than 1.03%, with a turnover of 1.0526 million US dollars.
$iShares Global Treasury Bond ETF (IGOV.US)$ Dropped by more than 0.99%, with a turnover of 5.5427 million US dollars.
Top 5 Gains in Commodity ETFs
DUST.US, the Direxion Daily Gold Miners Index Bear 2X Shares ETF Increased by more than 11.91%, with a turnover of 52.3377 million US dollars.
$2 times leveraged short Junior Gold Miners Index - Direxion (JDST.US) Increased by more than 11.32%, with a turnover of 1.388 million US dollars.
$ProShares UltraShort Silver ETF (ZSL.US)$ Increased by more than 10.29%, with a turnover of 221 million US dollars.
The Bloomberg Dollar Spot Index reached a new closing high for 2026.
$2 Times Leverage Short Gold ETF-ProShares (GLL.US) Increased by more than 2.68%, with a turnover of 73.7361 million US dollars.
$Short Gold ETN (Deutsche Bank)(DGZ.US)$ Surged by 2.39%, with a turnover of 17,400 US dollars.
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Editor/Liam