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(VGT) rose 0.4% since Thursday, supported by gains in several large-cap technology names. Microsoft posted a modest increase, while Micron delivered a more notable advance. Nvidia also contributed to the ETF’s upward move, reflecting continued strength across key technology subsectors.
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Below are AI-generated insights on moves in the information technology sector, powered by MarketReader technology.
Friday, January 16
VGT [+0.4%]
Vanguard Information Technology ETF (VGT)
The Vanguard Information Technology ETF (VGT) has seen an increase of 0.4% since Thursday. Key contributors to this performance include Microsoft, which increased, contributing modestly, followed by Micron Technology with a notable rise, and Nvidia, which also added to the gains. Broadly, the S&P 500 Index has moved up by 0.11%, reflecting overall market sentiment that may correlate with VGT's performance. This movement in the S&P 500 could be influencing VGT's recent change since the previous close.