Semiconductor ETFs Test Long-Term Support as Trade Row Continues
This article was originally published on ETFTrends.com.
Semiconductor ETFs tested their long-term trend lines on Thursday as the trade-induced, risk-off selling continued with Chinese officials throwing more fuel into the fire. On Thursday, the iShares PHLX Semiconductor ETF (NasdaqGM: SOXX) declined 1.6% and the VanEck Vectors Semiconductor ETF (NYSEArca: SMH) decreased 1.7%, with both ETFs slipping below their long-term trend lines at [...]