S&P 500 High Beta Bear 3X Direxion HIBS – Up 12.9% Wall Street was moderately downbeat due to a rise in bond yields. Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS): ETF Research Reports U.S. President Joe Biden has also signed a $740 billion climate change, healthcare and tax ‘Inflation Reduction Act.’ The coming Democratic message will likely focus on the aspects of the bill that could improve Americans' lives immediately — including tax credits for electric vehicles and energy-efficient home improvements and key health care provisions (read: Inflation Reduction Act: Clean Energy & EV ETFs Winners).