🔴 Tech ETF (SOXQ) is trading 1.6% down in pre-market ahead of July PPI and jobless-claims releases

SOXQ is trading at $96.00, down -1.60% in pre-market as investors position ahead of the 8:30 AM ET July PPI and jobless-claims releases.

• After August 12's strong technology rally led by AI-infrastructure names, Super Micro Computer and CoreWeave surged roughly 19%, while NVIDIA gained about 3%, increasing profit-taking risk in semiconductor and AI shares.
• Data may affect Treasury yields and Federal Reserve expectations; modestly higher U.S. equity futures suggest a sector-specific, not broad risk-off, pullback.