Vanguard Information Technology Index Fund ETF Shares is trading 1.7% down today as investors brace for U.S. CPI and real earnings data, which could signal delayed Fed rate cuts and keep yields elevated.
- The decline follows a sharp reversal in technology shares triggered by Apple AI disappointment and escalating geopolitical tensions in the Middle East.
- Risk-off sentiment is extending from the previous session into futures and global markets, creating a significant headwind for long-duration tech valuations.