Nasdaq-100 Hits New Record on Tech Rally, 7x Long DLC Rises 7%; SpaceX Surges 7%
@SG DLC News:
Wall Street rallied on Friday (2 October), as weaker-than-expected jobs data helped to ease concerns over elevated yields. The tech-heavy $NASDAQ 100(NDX)$ surged 1% to a new record high. Amplifying the return, the Nasdaq 7x Long DLC (MFVW) gained about 7%, while the Nasdaq 7x Short DLC (W5BW) sank a similar magnitude. Among DLC-covered underlyings, $SpaceX(SPCX)$ was the top gainer, rising 7.35% following a series of successful launches and renewed interest in its space-based AI opportunities. This lifted the SpaceX 3x Long DLC (WK4W) by close to 22%, while the SpaceX 3x Short DLC (YF1W) sank a similar magnitude. In contrast, memory stocks $Micron Technology(MU)$ a
