Korea's KOSPI crashed ~8% on July 7 ("검은 화요일 코스피, 8%대 급락...서킷브레이커까지"), triggering a circuit breaker amid ₩3.3tn of foreign selling. This global risk-off shock is likely to pressure US equities into July 8, and VOO just posted a record-adjacent close (690.62), leaving room for a short-term pullback after Monday's AI-driven rally.