Are Tech ETFs New Safe Haven Amid Iran War?
ZACKS·2026-03-09 16:00
Key Takeaways Global markets turned volatile on Iran tensions, but tech ETFs like QQQ and XLK stayed resilient.Strong AI spending and cloud demand are making large-cap tech stocks defensive growth plays.Rising cyberwarfare risks are boosting demand for cybersecurity firms and related ETFs.Global markets remained under pressure last week as escalating U.S.–Israel strikes on Iran pushed oil prices to their highest levels since 2024 (as quoted on Yahoo Finance), forcing investors to reassess the risks of a pro ...