SOXQ is trading at $95.49 (+3.36%) in pre-market, rebounding after two sessions of semiconductor-led losses as Treasury’s August 19 announcement to at least double long-term bond buybacks pushed the 30-year yield toward 5.19%.
- Overnight, firmer Asian technology shares, including SK Hynix, and higher Nasdaq futures added support.
- The move was primarily macro-driven; easing yields helped growth stocks and high-valuation information-technology and semiconductor stocks.
- U.S. futures were modestly higher; broader futures remained mixed, suggesting a technology-specific recovery, not broad risk-on.