SOXL is trading at $142.47 (+5.17%) following a sharp rebound in the tech and semiconductor sectors after recent heavy selling.
- The move reflects renewed buying in the AI/semiconductor trade as Asia’s prior market rout eases and U.S. futures firm up.
- Broader market sentiment is supportive, with Nasdaq-100 futures up 0.67% and risk appetite improving overnight.
- With no major U.S. economic data scheduled for today, price action is being driven by sector rotation and overnight news.