SCHG is trading 1.52% higher as broad technology leadership and a semiconductor and AI-linked rebound lift growth stocks.

  • The Nasdaq Composite is up 1.62%, while lower oil prices and easing Treasury yields are improving growth-stock valuations.
  • Optimism around upcoming U.S.–China discussions is supporting AI and chip shares, with NVIDIA, Intel, Micron, and AMD cited among Monday’s technology leaders.
  • Information technology represents 47.1% of SCHG, making the move primarily sector-wide and macro-driven rather than tied to a single holding.