SOXQ is trading at $101.00, up 1.59%, as higher U.S. index futures support a pre-market rebound.
- Nasdaq futures are up 0.82%; available reporting identifies no specific overnight semiconductor catalyst for SOXQ’s gain.
- The rebound follows an October 8 chip-stock selloff: Nvidia fell 2.94% and Broadcom 4.35%, amid concerns about AI spending and OpenAI revenue.
- Elevated oil prices and Treasury yields remain potential headwinds for technology valuations.