🔴 Trading--Inverse Equity ETF (SOXS.MX) is trading 10.16% down as semiconductor stocks rallied broadly

SOXS.MX is trading at MXN 785.01 (-10.16%) as semiconductor stocks rallied broadly on September 4.

• The PHLX Semiconductor Index gained 3.4%, while SOXX rose about 3.5%.
• Memory and AI-chip shares led gains, including Sandisk, Micron, KLA, Marvell, and AMD, reversing SOXS.MX’s exposure.
• The stronger August jobs report lifted Treasury yields and Fed rate-hike expectations, but chip-sector buying outweighed broader market weakness.