The MarketReader Minute
(VGT) has experienced a modest increase, coinciding with heightened volatility in financial markets due to the U.S. presidential election, where Vice President Kamala Harris is reportedly gaining on former President Donald Trump.
The MarketReader Minute
(VGT) has increased by 1.5% today, coinciding with a broader market rise as the S&P 500 Index gained 1.10%. The U.S. economy added only 12,000 jobs in October, significantly below expectations, which may lead to a more dovish Federal Reserve stance that could benefit technology stocks.
The MarketReader Minute
(VGT) has experienced a decline of 2.8% today, coinciding with significant drops in major tech stocks, including Microsoft and Meta Platforms, following earnings reports that raised concerns about future growth due to rising AI investment costs.
The MarketReader Minute
The Vanguard Information Technology ETF (VGT) is currently experiencing a daily return of +.06%, influenced by rising U.S. Treasury yields, which have reached a three-month high.
The MarketReader Minute
(VGT) has seen a price increase of 1.3% since Thursday. Notable contributors to this performance include NVIDIA (NVDA), which rose significantly, and Microsoft (MSFT), which reached a four-week high, reflecting a substantial year-over-year appreciation.
The MarketReader Minute
(VGT) has experienced a decline since Tuesday. This movement coincides with a broader market trend, as the S&P 500 Index has dropped by 0.37%. The Bank of Canada has cut its policy rate by 50 basis points to 3.75%, which may influence the technology sector due to lower borrowing costs.
The MarketReader Minute
The Vanguard Information Technology ETF (VGT) has seen a decline of 0.3% since Monday. Key contributors to this performance included NVIDIA, IBM, ServiceNow, First Solar, and Adobe, with NVIDIA showing significant activity in options trading.
The MarketReader Minute
The Vanguard Information Technology ETF (VGT) has seen a decline of 0.4% since Friday, coinciding with a broader market downturn, as reflected by the S&P 500 Index's drop of 0.62%.
The MarketReader Minute
(VGT) has seen a modest pre-market price increase of 0.5% since Thursday. Key contributors to this performance include Apple (AAPL), which rose significantly following a 20% sales increase for the iPhone 16 in China, resulting in a premarket surge of 1.8%.
The MarketReader Minute
(VGT) has risen by 0.9% today. This uptick coincides with the European Central Bank's decision to cut key interest rates by 25 basis points, marking its third consecutive reduction aimed at stimulating economic growth amid declining inflation in the Eurozone.
The MarketReader Minute
The Vanguard Information Technology ETF (VGT) has seen a decline of 0.6% since Tuesday, influenced by notable movements among its holdings. Microsoft (MSFT) dropped significantly, as it was removed from BMO's top picks list amid intensified competition for a $4 trillion valuation in the tech sector.
The MarketReader Minute
Significant contributors to this performance include NVIDIA (NVDA), which dropped notably amid potential U.S. export restrictions on AI chip sales, and Broadcom (AVGO), which also experienced a decline but achieved Pinnacle tier status with T-Systems, enhancing its access to digital technologies.
