IGV is trading 1.77% down in pre-market as renewed U.S.-Iran tensions push oil prices higher, rekindling inflation concerns and lifting Treasury yields.
- The 10-year yield approached 4.80%, reducing the appeal of rate-sensitive growth companies.
- Nasdaq futures are down 0.58%, while weaker high-profile software movers, including MongoDB, add sector-specific pressure.
- No major U.S. economic release is scheduled before the open, leaving geopolitics, rates, and futures as the primary catalysts.