Business
Mag 7 Stocks Jump as Market Rallies on Trump Iran Reassurance
Megacap tech stocks were racking up gains ahead of the opening bell on Friday, putting an exchange-traded fund that tracks the blue-chip on course for a record high.
Roundhill’s Magnificent Seven ETF climbed 0.6% in premarket trading. If it can hold those gains until the close, it would lock in its first all-time high since October 2025.
Each member of the Magnificent Seven was rising in the premarket, with chip designer Nvidia and electric-vehicle maker Tesla up by nearly 1%.
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