IGV is trading at $105.23, down 1.61% during the September 4, 2026 morning session, apparently reflecting profit-taking after its 3.41% September 3 gain.
- Snowflake’s earnings beat and raised outlook supported strong software sentiment; it reported $0.62 adjusted EPS and lifted fiscal 2027 product-revenue guidance to $6.07 billion.
- Broader investors cautiously weigh the U.S. employment report and Federal Reserve rate implications; Nasdaq is modestly positive while major averages are mixed.
- The move looks like sector-specific consolidation, not broad market liquidation.