🔴 Trading--Inverse Equity ETF (SOXS) is trading 4.7% down in pre-market as rate-hold expectations support tech stocks

SOXS is trading at $38.39 (-4.70%) as the technology-heavy Nasdaq strengthens before the August 17, 2026 open.

• Nasdaq-100 contracts are rising while Dow futures edge lower, consistent with SOXS’s inverse exposure to semiconductor equities.
• Softer July retail sales reinforced expectations that the Federal Reserve may hold rates steady in September, supporting growth and technology stocks.
• Elevated oil and geopolitical risks remain offsets but are not preventing the broader Nasdaq rebound.