🟢 Trading--Inverse Equity ETF (SOXS.MX) is trading 3.86% up amid semiconductor selloff

SOXS.MX is trading 3.86% up as semiconductor shares extend their selloff, benefiting this inverse semiconductor ETF.

• The Philadelphia Semiconductor Index fell about 5%; NVIDIA, Micron, SanDisk, and Marvell declined sharply.
• Elevated Treasury yields, including the 30-year yield near 5.33%, are pressuring high-growth technology valuations; oil above $90 raises inflation concerns.
• The move appears sector-driven rather than company-specific amid US-Iran tensions, persistent bond-market pressure, and reduced risk appetite toward semiconductor valuations; traders await the Federal Reserve’s 2:00 PM minutes.