🟢 Trading--Inverse Equity ETF (SOXS) is trading 4.8% up in pre-market as Nasdaq futures fall

SOXS is trading at $51.39, up +4.83%, as semiconductor and technology exposure weakens ahead of the U.S. session.

• Nasdaq futures are down 0.88%, signaling pressure on SOXS’s semiconductor benchmark; S&P 500 futures are down 0.49%, reinforcing broad risk-off sentiment.
• Middle East tensions and oil above $90 are increasing inflation and rates concerns, while hawkish Federal Reserve expectations add pressure.
• Investors await JOLTS and ISM Manufacturing data at 10:00 a.m. ET, which could move yields and technology stocks.