Major stocks show pre-market price gaps; SOXL rises 7.59%

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Perpetual futures contracts on exchanges reflect pre-market stock movements as the futures market accounts for weekend price gaps. RootData shows major stocks trading above their prior closes. The Semiconductor Select Sector 3x Leveraged ETF (SOXL) rose 7.59% to $125.65. SanDisk (SNDK) climbed 3.07% to $1,785.09, while Micron (MU) gained 2.84% to $1,043.54. The iShares Semiconductor ETF (SOXX) increased 2.62% to $532.09.

ME News report: On September 7 (UTC+8), during the traditional market weekend closure, perpetual contracts for stocks on exchanges have already priced in market sentiment. According to RootData, most popular stocks are trading above their previous after-hours levels: The 3x Long Semiconductor ETF (SOXL) is now at $125.65, up 7.59% from the previous day’s after-hours reference price of $116.79; SanDisk (SNDK) is at $1,785.09, up 3.07% from the previous day’s after-hours reference price of $1,731.88; Micron Technology (MU) is at $1,043.54, up 2.84% from the previous day’s after-hours reference price of $1,014.74; iShares Semiconductor ETF (SOXX) is at $532.09, up 2.62% from the previous day’s after-hours reference price of $518.48; Intel (INTC) is at $98.16, up 2.46% from the previous day’s after-hours reference price of $95.80; SK Hynix (SKHY) is at $179.44, up 2.08% from the previous day’s closing reference price of $175.78; VanEck Semiconductor ETF (SMH) is at $578.73, up 2.06% from the previous day’s after-hours reference price of $567.05; SpaceX (SPCX) is at $150.54, up 1.87% from the previous day’s after-hours reference price of $147.78; IREN (IREN) is at $43.96, down 1.59% from the previous day’s after-hours reference price of $44.67; AMD (AMD) is at $483.59, up 1.58% from the previous day’s after-hours reference price of $476.08. (Source: ChainCatcher)

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