$SOXX Cash Session: Treasury Rally Fails to Stop AI De-Risking
$SOXX $499, -3.9%, trails $QQQ by 2.6 points while $TLT gains 1.9%.
September PPI rose 1.3% m/m versus 0.5% consensus, but the long-Treasury bid weakens a simple rate-shock explanation. $TSM fell 4.5% despite a