Nasdaq has dropped 7% in two weeks as the tech selloff picks up steam

The Nasdaq Composite has dropped 7.1% in two weeks as the tech selloff picks up steam. The tech-focused index is now trading below its 50-day moving average for the first time since early May. Wednesday's 3.6% drop in the Nasdaq is the worst single day performance for the index since July 11.

VONG: It's Time To Sell And Reallocate Investments

Consider selling a stake in Vanguard Russell 1000 Growth Index Fund ETF Shares due to potential downside risk from slowing growth and high valuations. Shift in investor sentiment towards other sectors indicates a possible rotation out of mega-cap tech stocks. Reallocation of investments to less volatile ETFs and sectors may help reduce downside risk.

Weekly Report: what happened at VONG last week (0715-0719)?

Nasdaq set for its worst week in 3-months, see how some names have performed

Nasdaq plunges 2.3% and is on pace for its worst trading day of 2024

Nasdaq plunges 2.3% and is on pace for its worst trading day of 2024. The growth oriented Nasdaq Composite (COMP:IND) is down 2.35% in the early part of Wednesday's trading session. The index has pulled down the more growth-oriented sectors of the S&P 500 such as Info Tech and Consumer Discretionary.

Weekly Report: what happened at VONG last week (0708-0712)?

Large-Cap Growth ETF (VONG) Hits New 52-Week High

Weekly Report: what happened at VONG last week (0701-0705)?

Weekly Report: what happened at VONG last week (0624-0628)?

Tech, AI Drive $12.2B Inflows Into Growth ETFs, Marking Record Outperformance Over Value

Exchange-traded funds focused on growth equities experienced elevated inflows in June. The eight largest growth-linked ETFs collectively experienced a substantial $12.2 billion in inflows. The Vanguard Growth ETF saw the highest monthly inflows among its peers, attracting $5.68 billion. This surge in interest coincided with a significant outperformance of growth over value stocks. The primary drivers of the growth style's outperformance in June were tech giants Nvidia and Apple.

Market shifting focus to softening growth from inflation, Morgan Stanley and BofA say

Weekly Report: what happened at VONG last week (0617-0621)?

Weekly Report: what happened at VONG last week (0610-0614)?

Buy 5 Growth ETFs as Fed Stays Put, Eyes Rate Cut

Weekly Report: what happened at VONG last week (0603-0607)?

VONG, TJX, SBUX, LOW: ETF Outflow Alert

Should Vanguard Russell 1000 Growth ETF (VONG) Be on Your Investing Radar?

Weekly Report: what happened at VONG last week (0527-0531)?

Weekly Report: what happened at VONG last week (0520-0524)?

Growth Stocks Demonstrating Resilience

Two years ago, growth stocks were one of the hardest-hit investment styles. The Russell 1000 growth is up nearly 11%, beating the market. Year-to-date, stocks are proving resilient in the face of higher interest rates and more muted expectations for monetary easing. The big difference between 2022 and today is a more benign economic backdrop.