VUG is trading 2% down after-hours on intensified Iran strikes and threats to tech firms following President Trump's April 2, 2026, address.
- The escalation in the Middle East has reversed de-escalation hopes, triggering a broad risk-off sentiment in growth stocks.
- The fund's 50.2% tech concentration is amplifying downward pressure as Nasdaq futures slide 1.37% amid surging oil prices and the closure of the Strait of Hormuz.