IVV is trading at $750.84, -2.21%, as technology and semiconductor weakness weighs on the index amid concerns that increased AI oversight could slow data-center investment.
- Qualcomm’s weak handset-chip sales and outlook added pressure to chipmakers.
- The decline follows Wednesday’s relief rally after the election. Today’s broad risk-off reversal is consistent with the S&P 500 and Nasdaq falling, with tech shares hit harder.