🔴 Vanguard S&P 500 ETF is trading 1.2% down today as hawkish Fed signals pressure growth and tech stocks

Vanguard S&P 500 ETF is trading 1.2% down today as investors react to the Federal Reserve’s hawkish policy guidance and a subsequent selloff in the tech sector.

• The Fed kept interest rates unchanged but removed expectations for 2026 cuts, warning that the next move could potentially be a hike.
• Growth and technology stocks, which dominate the index, are under significant pressure as higher-rate concerns weigh on valuations.
• Cautious sentiment following the Fed meeting is weighing broadly on the S&P 500, driven by tech weakness and revised economic outlooks.