🔴 Inverse Semiconductor ETF (SOXS) is trading 4.58% down in pre-market as semiconductor stocks recover

SOXS is trading at $48.76, down 4.58% from the September 15 close as semiconductor stocks recover from the September 14 selloff.

• NVIDIA, AMD, Intel, and Broadcom are rebounding, reducing demand for this inverse semiconductor ETF.
• Broader U.S. futures are higher, with Nasdaq futures up 0.56%.
• Investors await September 16 retail-sales data and the Federal Reserve’s 14:00 policy statement; the sector rebound is the primary catalyst.