PSI (the Invesco Semiconductors ETF) is trading at $154.25, with a -2.72% change as semiconductor shares weaken.
- Intel, AMD, Micron and SanDisk were down in premarket trading.
- Major indexes are lower as investors remain cautious ahead of the Fed minutes; Treasury yields and oil prices have rebounded.
- No verified PSI-specific company catalyst was identified; the move appears tied to sector weakness and the wider market backdrop.