VOOG is trading at $82.05 (-1.7%) as information technology comes under pressure amid a broader growth selloff in pre-market trading.
- Nasdaq futures fell 1.37% and S&P 500 futures declined 0.96%, driven by rising interest rate concerns and a weaker overnight risk tone.
- A significant drag comes from Nvidia, which is facing reports that Beijing is blocking approvals for H200 sales to China.
- As a growth-focused ETF with heavy tech exposure, VOOG is being hit by both the specific semiconductor news and a general rotation out of growth stocks.