🟢 VIG is trading 3.17% up in pre-market as softer July PPI supports equities

VIG is trading at $254.43, up 3.17% in pre-market, as softer July PPI reduced expectations for a September Fed rate hike and supported equities and rate-sensitive dividend growers.

• No company-specific announcement or earnings catalyst for VIG was found.
• The S&P 500 and Nasdaq finished August 13 higher, adding broader risk-on support.
• Retail-sales and consumer-sentiment data scheduled for August 14 could increase volatility.