VUG is trading 3.6% up today as it rebounds from a recent AI and semiconductor-driven growth selloff, tracking firmer S&P 500 and Nasdaq futures.
- Investors are reassessing mega-cap tech earnings alongside a hawkish-but-steady Federal Reserve stance.
- Improving sentiment in high-growth technology and communication services is lifting growth stocks despite lingering geopolitical and rate concerns.
- The move marks a reversal of the recent rout led by Meta and the semiconductor sector.