🔴 Semiconductor ETF (USD) is trading 4.8% down in pre-market after oil rose above $90

USD is trading at $91.00, down -4.76%, as broader risk aversion follows oil rising above $90 and long-term Treasury yields climbing sharply.

• The decline reverses Monday’s semiconductor-led advance, suggesting profit-taking and leveraged-sector volatility rather than a fresh company-specific shock.
• Investors are awaiting July housing, trade-price, and industrial-production data scheduled for August 18, 2026.