🔴 Trading--Inverse Equity ETF (SOXS) is trading 7.91% down today as semiconductor stocks rally

SOXS is trading at $40.07 (-7.91%) as its underlying semiconductor basket rallies alongside broader technology shares.

• Softer-than-feared July CPI reduced rate-hike concerns and supported growth stocks; headline inflation rose 0.1% and core CPI 0.2%, both matching expectations.
• Strong AI infrastructure results from CoreWeave and Super Micro Computer lifted semiconductor sentiment.
• The Philadelphia Semiconductor Index rose 0.87%, while futures strengthened afterward.