🔴 Trading--Leveraged Equity ETF (SOXL) is trading 6.62% down today as semiconductor stocks retreat

SOXL is trading 6.62% down as semiconductor stocks extend a technology-led risk-off move.

• The Philadelphia Semiconductor Index dropped nearly 5% during the preceding session, while elevated long-term Treasury yields reduced the appeal of high-growth AI and chip valuations.
• Renewed Middle East tensions and higher oil prices are reinforcing inflation concerns ahead of the Federal Reserve’s 14:00 FOMC minutes.
• The Nasdaq is lagging broader indexes, confirming sector-specific weakness rather than a broad market selloff.