SOXQ is trading at $90.00, with a -2.12% move, as hotter-than-expected September CPI revived higher-for-longer rate fears and pressured technology shares.

  • Chip and AI-linked stocks extended losses overnight as South Korean and Japanese markets plunged, adding to the global semiconductor selloff.
  • Nasdaq futures were down 1.11%; PPI and retail sales are due at 08:30, keeping attention on inflation and yields.