NEOS NASDAQ-100(R) High Income ETF is trading 1.9% higher in pre-market sessions as a tentative U.S.–Iran peace agreement and the reopening of the Strait of Hormuz drive oil prices sharply lower, easing inflation fears.

  • Nasdaq-100 futures have surged over 2%, providing a strong tailwind for rate-sensitive and AI-focused technology leaders including NVIDIA, Apple, and Microsoft.
  • The significant drop in energy costs has recalibrated market expectations toward lower future interest rates, further supporting growth-oriented sectors.
  • Strengthening performance across the broader Nasdaq-100 index is directly lifting linked income products as investor sentiment shifts to a risk-on posture.