Vanguard Information Technology Index Fund ETF Shares is trading at $114.19 (+1.65%) as the technology sector recovers from recent CPI-driven rate concerns and broader selling pressure.
- Risk appetite is strengthening alongside a higher-open tone in U.S. equities, signaling a reversal from the volatility triggered by June 10’s inflation data.
- The move marks a partial bounce for the sector after heavy AI-spending concerns from Oracle and general market caution previously weighed on valuations.