🟢 Tech ETF (SOXQ) is trading 1.7% up in pre-market on dip-buying ahead of FOMC minutes

SOXQ is trading at $95.99, up 1.72% pre-market as dip-buying and modestly firmer U.S. index futures support a rebound ahead of the Federal Reserve’s July meeting minutes.

• The ETF fell 5.03% on August 18; investors await the minutes at 2:00 p.m. ET.
• Upside remains tempered by elevated Treasury yields, Iran-related oil-supply risks, weak Asian technology markets, and valuation pressure on semiconductor and AI stocks.
• Analog Devices reports before the open; consensus revenue is near $3.91 billion.