Despite a volatile 2026, the Nasdaq-100 and S&P 500 are up 14.6% and 11.7% year to date. The Vanguard Information Technology ETF (VGT), the largest tech fund at $149 billion, rebounded sharply after the initial sell-off when the war in Iran began, though the Philadelphia Semiconductor Index entered a bear market in July. Chipmakers and equipment companies make up 43.6% of the fund, which is still up 28% this year. The article argues that the Federal Reserve's high interest rates in its fight against inflation could be one factor behind the next correction. CoreWeave (CRWV) is in a bear market as yields on its corporate debt have surged over concerns about its debt load, while VGT, which holds 318 stocks, offers broad exposure with a 0.09% expense ratio, or $9 on a $10,000 stake.
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ETFtech stocksFedinterest ratessemiconductorsCoreWeave
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Related tickers and likely impact
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.85 |
| Change that session | -0.54% |
NVDA
▼ Likely negativeNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 211.00 |
| Change that session | -0.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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