🟢 Trading--Leveraged Equity ETF (SOXL) is trading 4.75% up in pre-market after August 6 technology selloff

SOXL is trading at $138.61, up +4.75% in pre-market after semiconductor shares rebounded from the August 6 technology selloff, encouraging dip-buying.

• Nasdaq futures are up 0.32%, providing a supportive backdrop for leveraged technology exposure.
• Investors remain cautious ahead of the August 7 payrolls report, expected to show 80,000 jobs and 4.2% unemployment.
• Weak SanDisk guidance, AI-spending concerns, and elevated oil prices remain sector and inflation risks.