SOXS.MX is trading 19.24% up as semiconductor shares fall sharply.

  • The Philadelphia Semiconductor Index fell 3.7%, while SOXX declined about 3.5% as major chip stocks sold off.
  • Treasury yields and oil prices surged after U.S.-Iran diplomatic prospects deteriorated, intensifying inflation and valuation concerns for high-growth technology stocks.
  • The 30-year Treasury yield reached roughly 5.34%, its highest level since 2007.