🔴 Semiconductor Inverse ETF (SOXS.MX) is trading 3.18% down as chip-sector strength weighs on the fund

SOXS.MX is trading at MXN 573.85 (-3.18%) as semiconductor-sector strength weighed on the inverse fund.

• Micron’s strong results and higher outlook supported chip-sector sentiment. SOXS seeks daily inverse exposure to semiconductor stocks, so gains in the sector can weigh on it.
• Rising Treasury yields pressured equities, with the 10-year reaching 5.33%. Major indexes were near flat, while semiconductor-specific strength was the more direct counterforce.