SOXL Sinks to Six-Month Low as Nasdaq Slides
SOXL reached a six-month low as the Nasdaq slid. The headline also cites an oil surge and conflicting explanations from Trump and Wells Fargo.
U.S. President Donald Trump blamed Iran on Thursday for the surge in oil prices as a purposeful ploy ahead of the U.S. midterm elections.In a post on Truth Social, he said Iran was making up “fake hits” and that the supply of oil coming through the Strait of Hormuz is more than “even prior to the b…