Tech ETF (VGT) is trading 1.5% higher today as investors rotate back into growth-sensitive sectors, driven by easing Treasury yields and improving risk appetite.
- Sentiment is being bolstered by reports of progress in U.S.–Iran ceasefire negotiations, which has helped stabilize broader market volatility.
- Tech shares are also gaining after President Trump canceled a planned AI safety executive order, a move interpreted by the market as a reduction in regulatory hurdles for major AI and semiconductor companies.