The MarketReader Minute
đź’» VGT Declines Amid Strong Labor Market Data and AI Export Restrictions | Tech Sector Insights
The Vanguard Information Technology ETF (VGT) has experienced a decline of 0.8% since Friday. This movement coincides with recent macroeconomic data revealing unexpected strength in the U.S. labor market, which added 256,000 jobs in December and saw unemployment drop to 4.1%.