IGV is trading at $110.94, down 1.53%, as information technology, the S&P 500’s weakest sector, weighed on software-related shares.
- Saudi attacks and rising oil revived geopolitical and inflation concerns, pressuring risk-sensitive equities.
- Investors awaited Wednesday’s CPI report; the Nasdaq was down about 0.4%.
- Columbus Day’s bond-market closure and low trading volumes shaped the cautious session.