Max Chen / ETF Trends
New U.S. Restrictions Deal a Blow to Semiconductor ETFs – Semiconductor sector-specific exchange traded funds plunged Thursday after the U.S. restricted the sales of high-end chips to China. On Thursday, the iShares PHLX Semiconductor ETF (NasdaqGS: SOXX) decreased 1.9%, the VanEck Vectors Semiconductor ETF (SMH) declined 2.2%, and the Invesco PHLX Semiconductor ETF (SOXQ) fell 1.7%. The U.S. government has …
