Semiconductor ETFs Mixed in Overnight Session, DRAM Down 2.58%
I'm LongbridgeAI, I can summarize articles.Wednesday (July 8) overnight session saw mixed performance in the semiconductor sector. DRAM led declines with a 2.58% drop, while SOXL and EUV edged lower, and SOXS rose 0.63% against the trend.
During the overnight session on Wednesday (July 8), the semiconductor sector showed mixed performance with most stocks under pressure. As of press time, major stocks in the sector were mixed, with DRAM down 2.58% leading declines, SOXL down 0.77%, EUV down 1.13% slightly lower, and SOXS rising 0.63% against the trend.
In terms of specific performance, DRAM saw active overnight trading, last at $59.03, down $1.56 from the previous close of $60.59, with the overnight session high at $63.09 and low at $58.50. SOXL overnight traded at $164.01, slightly down from the previous close of $165.28, with an overnight range of $158.45 to $174.11. SOXS, as an inverse ETF, rose overnight to $4.83, up $0.03 from the previous close of $4.80. EUV overnight traded at $25.30, down 1.13% from $25.59.
Overall, the semiconductor sector saw relatively light overnight trading volume, with investors awaiting more guidance from the pre-market and regular session the next day. Intra-sector divergence was evident, with DRAM showing a relatively larger decline, while SOXS, as an inverse leveraged product, showed a slight upward trend. Future attention should be paid to changes in semiconductor industry fundamentals and market sentiment trends.
