🟢 Semiconductor ETF (SOXX) is trading 1.5% up in pre-market as tech futures rise

SOXX is trading 1.5% higher in pre-market amid a sector and macro rebound.

• The move follows the September 24 rate-driven selloff; Nasdaq futures are up 0.35%, S&P 500 futures are higher, and European and Japanese equities are advancing.
• Lower oil prices are easing some inflation pressure and supporting risk appetite ahead of September 25 economic data.
• The rebound has no clearly identified company-specific catalyst; Treasury yields remain elevated after the 10-year yield was near 5.15% in the prior session.