VOOG is trading 2% down today, mirroring a broad selloff in information technology and growth stocks as risk-off sentiment hits US large-cap growth names.
- Global tech weakness and a 1.22% decline in Nasdaq-100 futures are dragging down the sector following sharp losses in international markets.
- Investors are pivoting to a risk-off stance ahead of the FOMC Minutes at 14:00, with elevated Treasury yields pressuring long-duration tech valuations.