🔴 Trading--Leveraged Equity ETF (SOXL) is trading 4.51% down in pre-market amid escalating U.S.-Iran tension

SOXL is trading at $107.70 (-4.51%) as escalating U.S.-Iran tension and oil above $90 pressure technology stocks.

• Nasdaq futures are down 0.88%; S&P 500 and Dow futures are also lower. NVIDIA, Micron, Intel, Broadcom, and Microsoft are trading lower pre-market, reinforcing semiconductor weakness.
• Hawkish Federal Reserve expectations and uncertainty before JOLTS and ISM Manufacturing data add caution.
• Dell and Palo Alto Networks earnings are due after the close, adding sector-specific caution.