Goldman Sachs Nasdaq-100 Premiu is trading 1.9% down today as growth and tech shares lag the broader market, reflecting renewed pressure on rate-sensitive, long-duration assets.
- The Nasdaq Composite is underperforming the Dow and S&P 500 following last week’s strong U.S. jobs report, which pushed interest rate-hike expectations higher.
- The tech-heavy fund remains vulnerable to further profit-taking after the recent jobs data triggered a sharp sector selloff, despite a brief attempt at a rebound.