VUG is trading 2.1% up today as growth stocks rally following President Trump's announcement of a five-day postponement of military strikes on Iranian energy infrastructure.
- Crude oil prices fell 7% to $103/barrel, easing fears of energy-driven inflation and driving the S&P 500 up 1.76% and NASDAQ up 2.15%.
- The tech-heavy growth sector was further supported by Oracle projecting AI-driven revenue to reach $90B by 2027.