Schwab U.S. Large-Cap Growth ETF is trading 1.7% up today as risk appetite returns and U.S. equities broadly rebound from recent AI- and rate-driven selling.
- Growth benchmarks are following the Nasdaq Composite, which is up more than 2%.
- Within information technology, semiconductors and mega-cap AI beneficiaries are rallying, helped by strong demand commentary and dip-buying.
- The sector-wide strength outweighs an 11% plunge in Oracle tied to its aggressive AI infrastructure spending plans and funding needs.