🔴 Large Growth ETF (XOVR) is trading 1.85% down in pre-market after July retail sales fell

XOVR is trading at $20.15 (-1.85%) after July U.S. retail sales fell 0.6%, the first decline in nine months, raising concerns about consumer spending and growth estimates.

• Technology weakness, including sharp declines in Applied Materials and Cisco, is adding pressure to XOVR’s large information-technology allocation.
• Firmer oil near $88.50 and geopolitical risk are also tempering sentiment, although Nasdaq futures remain higher.