SOXS is trading at $48.97, down 5.09% from the September 3 close as semiconductor equities rebound in pre-market trading.
- The decline reverses some of SOXS’s recent gains after Broadcom-related pressure.
- Nasdaq futures are higher as investors await the August employment report; futures markets remain broadly stable ahead of monetary-policy-sensitive data.
- The move is primarily sector-driven, with broader risk-on conditions adding pressure to inverse semiconductor exposure.