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(VGT) has seen a modest price increase of 0.1% since Monday. This comes amid a notable decline in the US Consumer Confidence Index, which fell to 92.9 in March, the lowest since January 2021, reflecting rising inflation expectations.
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Tuesday, March 25
VGT [+0.1%]
Vanguard Information Technology ETF (VGT)
The Vanguard Information Technology ETF (VGT) has seen a modest price increase of 0.1% since Monday. This comes amid a notable decline in the US Consumer Confidence Index, which fell to 92.9 in March, the lowest since January 2021, reflecting rising inflation expectations. Additionally, President Trump announced new tariffs on countries purchasing oil from Venezuela, potentially impacting global supply chains and market sentiment across sectors, including technology. VGT's recent ex-dividend distribution was $0.7294 per share. Among its holdings, Apple and Microsoft were top contributors to performance, with Apple increasing significantly and Microsoft also showing positive returns. CrowdStrike Holdings announced a new Services Partner Program and received a "buy" upgrade from BTIG, further contributing to the dynamics within the ETF's portfolio.