💻 VGT Falls as Microsoft, Nvidia Weigh on Tech | Tech Sector Insights
(VGT) declined 1.2% since Tuesday as weakness across major technology names weighed on the sector. Microsoft posted the largest drag on the ETF, with additional pressure from declines in Nvidia and Broadcom. Smaller losses in Intuit and Apple added to the overall downward move.
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Wednesday, January 14
VGT [-1.2%]
Vanguard Information Technology ETF (VGT)
The Vanguard Information Technology ETF (VGT) has experienced a decline of 1.2% since Tuesday. Significant movements among its holdings include Microsoft (MSFT), which dropped notably, contributing negatively to the ETF's performance. Nvidia (NVDA) also saw a decline, further impacting overall returns. Broadcom (AVGO) experienced a substantial drop, while Intuit (INTU) and Apple (AAPL) both registered smaller declines. These performance metrics reflect the overall downward trend in the ETF's value during the current trading session.