Semiconductors stood out, with $SOXX up 1.19%, $SMH up 1.15%, and individual strength in $AMAT, $LRCX, $KLAC, and $ASML. Utilities also acted defensively, with $XLU up 1.17% and multiple regulated names posting gains.

Leadership was concentrated in semiconductors and select high-beta tech, with $SOXX up 3.52%, $SMH up 2.61%, and leveraged chip exposure in $SOXL surging 9.87%. Individual strength in $MU, $MRVL, $LRCX, $KLAC, and $WDC reinforced that tape.

Leadership was concentrated in semiconductors and select high-beta tech, with $SOXX up 3.52%, $SMH up 2.61%, and leveraged chip exposure in $SOXL surging 9.87%. Individual strength in $MU, $MRVL, $LRCX, $KLAC, and $WDC reinforced that tape.