SOXS.MX is trading at MXN 887.52, up 6.34%, as its inverse semiconductor exposure benefits from continued weakness in chip stocks.

  • Higher oil prices linked to renewed U.S.-Iran tensions are reviving inflation concerns and pushing Treasury yields higher; the 10-year yield briefly exceeded 4.82%, pressuring growth-stock valuations.
  • Semiconductor shares remain cautious ahead of Broadcom’s September 2 earnings release.
  • The move is primarily sector- and macro-driven, with rising bond yields adding pressure after the prior session’s technology selloff.