SOXL is trading at $142.46, down 7.30%, as risk-off sentiment follows President Trump’s rejection of Iran’s proposal, pushing oil higher and renewing inflation concerns. - Reuters reported Brent crude rose 4% to $108.50, while the 10-year Treasury yield reached 5.22%. - Nasdaq futures fell 1%, reflecting pressure on technology shares; the Dow was down 0.61%. - The macro backdrop aligns with weakness in semiconductor exposure; no specific SOXL company catalyst was identified.