🔴 Trading--Inverse Equity ETF (SOXS) is trading 5% down today as semiconductor stocks rally

SOXS is trading at $38.92 (-4.99%) on August 13, 2026, reflecting strong buying across semiconductor stocks and the broader Nasdaq.

• Nasdaq rose 0.90%; the Philadelphia Semiconductor Index gained 2.49%. Nvidia, Micron, Intel, Applied Materials, and Lam Research gained.
• Cooler-than-feared CPI reduced rate-hike concerns and supported growth-stock risk appetite. Robust AI-infrastructure earnings and demand expectations reinforced SOXS’s expected inverse response.
• July PPI was scheduled for release at 08:30 EDT; its reported market impact was not verifiable in available evidence.