🟢 Trading--Inverse Equity ETF (SOXS) is trading 5.3% up in pre-market as inflation concerns mount

SOXS is trading 5.3% up in pre-market as semiconductor and broader technology sentiment weakens ahead of the September 10, 2026 U.S. PPI release.

• Nasdaq futures fell 0.16%; elevated oil prices and geopolitical tensions raised inflation concerns and reduced expectations for easier Federal Reserve policy.
• Brent crude above $100 and continued U.S.-Iran escalation amplify global-growth concerns; recent semiconductor strength leaves shares vulnerable to profit-taking. The move reflects broader risk-off conditions, not a single-company catalyst. [Event ID: 6aa167bdd8eaaf7aeb0c4784]