Vanguard S&P 500 ETF (VOO) Faces Pre-Market Dip Amid Tech Sell-Off
The Vanguard S&P 500 ETF (VOO) slipped 0.20% in pre-market trading as investor sentiment wavered amid a sell-off in technology stocks, particularly within the artificial intelligence sector. Concerns over stretched valuations weighed on the market, though the ETF remains up 16.34% year-to-date.
Net inflows of $1 billion over five days underscore sustained demand for large-cap U.S. exposure. Analysts maintain a Moderate Buy rating on VOO, with a consensus price target of $717.96 suggesting 15.62% upside potential. Top holdings with bullish outlooks include Loews (L) and Moderna (MRNA), while Tesla (TSLA) and Warner Bros. Discovery (WBD) show the greatest downside risks.