SOXQ is trading 1.78% higher as semiconductor strength lifts technology stocks alongside the Nasdaq.
- The Nasdaq is outperforming the S&P 500, while stronger retail sales reinforce higher-for-longer rate concerns.
- The 10-year Treasury yield remains near 5%, limiting the advance ahead of the Federal Reserveβs September 16 decision.
- Intel is rising on reports of potential U.S. memory-chip manufacturing discussions with SK Hynix, while the earlier AI-safety selloff remains a counterweight.