🟢 SEMI is trading 1.52% up today after cooler July inflation data

SEMI is trading 1.52% up at $39.55 as investors rotate into growth and technology shares after cooler July inflation data.

• July PPI showed no monthly growth versus 0.2% expected.
• Weekly jobless claims reinforced expectations for steady Federal Reserve rates.
• The Nasdaq is up 0.91%, while the semiconductor index is up 0.88%.