SMHX is trading at $60.20, down 2.09%, in pre-market, with weaker Nasdaq futures providing broader risk-off context rather than a confirmed direct catalyst.
- No clear SMHX-specific announcement was found for September 28. The ETF holds fabless semiconductor companies, with NVIDIA and Broadcom its largest holdings, leaving it exposed to technology-sector moves.
- Overnight, President Trump rejected Iran’s proposal to reopen the Strait of Hormuz; oil and U.S. stock futures fell as tensions renewed.