IVV is trading 1.4% lower in pre-market on June 23, 2026, following a broad risk-off move in U.S. equity futures as investors de-risk ahead of Thursday’s PCE inflation release, the Fed’s preferred gauge.

  • E-mini S&P 500 futures are down about 1.4%, with Nasdaq futures seeing steeper declines as renewed concerns about higher-for-longer interest rates pressure rate-sensitive growth and tech names.
  • Overnight gains in Europe driven by U.S.–Iran peace hopes were offset by weakness in Asian markets, contributing to the cautious sentiment in the U.S. session.