VOO is trading 1.3% down today as the S&P 500 faces pressure from a sharp technology and semiconductor sell-off tied to valuation and AI-capex concerns.

  • Escalating U.S.–Iran tensions are fueling energy and inflation worries, reinforcing a broad risk-off sentiment across the market.
  • Hawkish recent Federal Reserve commentary is further weighing on the growth sectors that dominate the index, dragging S&P 500 ETFs lower.