VOOG is trading 1.6% down today as information technology, its largest sector weight, leads a broad market pullback amid renewed trade and interest rate concerns.
- Tech and semiconductor stocks are giving back recent AI-driven gains after U.S.–China talks ended without progress on chip export restrictions, dampening hopes for expanded sales.
- Rising oil prices and higher bond yields are further pressuring growth valuations, reversing part of the record-setting rally from May 14 and weighing heavily on large-cap growth names within the fund.