VGT is trading 1.5% higher as technology stocks rebound amid rising Nasdaq futures and easing geopolitical tensions in the Gulf.
- Lower oil prices and improving risk sentiment are supporting growth-oriented stocks ahead of the release of U.S. durable goods data.
- The sector is participating in a macro-driven relief rally following recent pressure related to AI-capex concerns and potential tariffs.
- Investors are shifting focus toward upcoming tech earnings as ES and NQ futures show notable pre-market gains.