VOO is trading 1.15% down in pre-market as U.S. futures decline amid escalating U.S.-Iran conflict risks and threats to tech firms.
- Geopolitical tensions have reversed yesterday's rally, with Iranian threats to the tech sector and the closure of the Strait of Hormuz weighing on sentiment.
- Oil prices are firming near $105, adding pressure to the broader market despite a lack of major U.S. economic data.
- Tech-heavy sectors, which represent over 32% of the fund, face significant headwinds from regional violence and hawkish rhetoric.