VOO is trading 1.1% down in pre-market action as a tech-led risk-off move and escalating geopolitical tensions weigh on the S&P 500.
- Semiconductor and AI stocks are facing pressure over valuation and capital expenditure concerns, dragging down major index futures.
- Escalating U.S.–Iran tensions and rising oil prices are dampening broader risk sentiment, overshadowing recent cooler CPI data and resilient corporate earnings.