VUG is trading 1.6% up today as growth stocks rally on signs of de-escalation in Middle East tensions and a softening in oil prices.
- Geopolitical fears eased following reports of potential U.S.-Iran negotiations in Islamabad and claims of Iranian outreach.
- The ETF’s heavy tech weighting (50.2%) is driving outperformance, tracking the Nasdaq Composite’s 1.41% gain compared to the S&P 500’s 0.91% rise.