Vanguard Information Technology Index Fund ETF Shares is trading 1.9% down today as investors rotate out of high-growth technology and AI-exposed names following a sharp post-earnings selloff in Broadcom.
- Weakness across semiconductors and a bid into value-heavy industrials are weighing on the tech-heavy Nasdaq, amplifying downside for information technology ETFs.
- Geopolitical tensions between the U.S. and Iran are further pressuring the sector despite a lack of major U.S. economic data releases.