🟢 Vanguard Information Technology Index Fund ETF Shares is trading 2% up today as tech and semiconductor stocks rebound from last week's rate-driven selloff

Vanguard Information Technology Index Fund ETF Shares is trading 2% up today as growth and AI-linked technology names bounce back from a sharp selloff triggered by hawkish interest rate expectations.

• Major indices, including the Nasdaq Composite, opened higher as risk appetite stabilized following last week's stronger-than-expected U.S. jobs data.
• The recovery marks a significant reversal for the sector, which saw a steep decline starting June 5 amid concerns over prolonged high interest rates.
• Broad gains across the information technology sector are lifting the ETF, driven by renewed investor interest in AI-focused growth stocks.