Vanguard Information Technology Index Fund ETF Shares is trading 1.7% down today as technology and AI-focused stocks continue a broader risk-off move following recent volatility and sector reversals.
- Weakness in semiconductors and mega-cap growth names is pressuring the information technology sector.
- Elevated volatility and renewed inflation and rate uncertainty after the latest CPI data are pulling the fund down alongside the Nasdaq and broader U.S. indices.