WEEX Labs: The semiconductor and consumer sectors are strengthening, SOXS has risen over 10% in 24 hours

On July 29, according to WEEX TradFi market data, funds continue to gather in the technology and consumer sectors. Among them, the semiconductor and software sectors performed actively, with SOXS rising over 13.02% in 24 hours, FIGMA rising 6.21%, ADBE rising 5.40%, and CRM rising 4.46%; in the large consumer sector, KO rose 6.08% and PEP rose 3.74%; in the financial payment sector, PYPL rose 4.07% and MA rose 3.71%. WEEX Labs believes that after a significant pullback in the Philadelphia Semiconductor Index on the previous trading day, a recovery has occurred, combined with the Federal Reserve's interest rate decision and the concentrated release of large tech company earnings reports, funds have begun to reposition around performance expectations and event-driven strategies. Currently, WEEX's "TradFi Trading Carnival Season" is underway.