🔴 Trading-Inverse Equity ETF (SOXS.MX) is trading 3.77% down as semiconductor sector rebounds after in-line CPI

SOXS.MX is trading at MXN 763.00 (-3.77%) as the semiconductor sector rebounds after August CPI matched forecasts, easing immediate fears of an inflation-driven Federal Reserve policy shock.

• Broad U.S. equities are also higher, reducing demand for this inverse semiconductor ETF.
• The move partially reverses the September 10 semiconductor selloff, when the Philadelphia Semiconductor Index fell 2.66% amid elevated Treasury yields, stronger oil prices, and hotter PPI data.