🟢 Trading--Leveraged Equity ETF (SOXL) is trading 8.06% up today after July CPI matched expectations

SOXL is trading 8.06% higher as July CPI matched expectations, easing concerns about higher-for-longer rates and supporting growth stocks.

• Headline inflation was 3.4% annually, while core CPI was 2.5%.
• Strong AI-infrastructure results from CoreWeave and Super Micro Computer lifted semiconductor and hardware sentiment; SMCI rose 9% premarket.
• The broader Nasdaq was higher, while SOXX gained nearly 2%.