🔴 Trading--Inverse Equity ETF (SOXS) is trading 4.53% down today as semiconductor shares rebound

SOXS is trading at $49.39, down 4.53%, as semiconductor shares rebound after the September 14 rout.

• AI-chip stocks including NVIDIA, AMD, Intel, and Broadcom are rebounding in early trading, reducing demand for the inverse fund.
• The Philadelphia Semiconductor Index previously fell 5.86%.
• Elevated Treasury yields above 5% and Fed-hike expectations continue limiting broader risk appetite.