--- title: "Weekly Recap | VG Info Tech +0.29%, fading after midweek highs" type: "News" locale: "en" url: "https://longbridge.com/en/news/302944206.md" description: "VGT.US added 0.29% this week, closing at $119.17 after finishing the prior Friday at $118.83. The S&P 500 fell 0.47% over the same period, leaving VGT.US about 0.76 percentage points ahead of the benchmark. The week opened at $120.74, pushed up to $121.56 on Monday, and then spent the next two sessions grinding toward a Wednesday high of $122.61. The move did not hold: Thursday brought the pullback down to a weekly low of $118.105, before a small Friday bounce to $119.17." datetime: "2026-10-24T04:59:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302944206.md) - [en](https://longbridge.com/en/news/302944206.md) - [zh-HK](https://longbridge.com/zh-HK/news/302944206.md) generator: "portal-rs" --- # Weekly Recap | VG Info Tech +0.29%, fading after midweek highs ## The Week VGT.US added 0.29% this week, closing at $119.17 after finishing the prior Friday at $118.83. The S&P 500 fell 0.47% over the same period, leaving VGT.US about 0.76 percentage points ahead of the benchmark. The week opened at $120.74, pushed up to $121.56 on Monday, and then spent the next two sessions grinding toward a Wednesday high of $122.61. The move did not hold: Thursday brought the pullback down to a weekly low of $118.105, before a small Friday bounce to $119.17. The full weekly range was 3.74%, and average daily volume of 4.76m shares ran roughly 39% above the 60-day median, suggesting a more active tape than usual. ## Sector News The week’s sector narrative was dominated by the cost and demand story around AI. Midweek reports pointing to upbeat AI demand for US chip-related names lifted the group on Wednesday. Sentiment then flipped into Thursday, with Nasdaq futures down more than 1%, fresh AI financing concerns, and rising oil prices dragging tech lower. Lam Research reported after Wednesday’s close; its first-quarter result beat expectations, but a soft second-quarter guide sent the stock down more than 10% on Thursday, with traders treating it as a reset of AI equipment-spending expectations. Intel also swung sharply, falling more than 5% on Thursday before recovering after it received an FCC waiver. On the macro side, a US deficit near $2 trillion and 10-year and longer Treasury yields above 5% kept pressure on growth and tech valuations through the week. ## The Week Ahead The macro calendar is busy next week. On Tuesday, durable goods orders, FHFA house prices, Case Shiller home prices, new home sales, and consumer confidence are all due, with the Dallas Fed manufacturing index on Monday. The readings will test how the US economy is holding up against elevated rates and fiscal pressure, and will shape expectations for the Fed’s next move. Beyond the data, the AI equipment-spending debate triggered by Lam Research’s guidance, and Intel’s post-waiver follow-through, could carry over into early next week. Analysts also flagged that more key AI companies report results next week, adding another layer to watch. ## In Short VGT.US finished the week with a modest gain, but the path was far from smooth: a midweek push higher gave way to a pullback tied to AI financing worries and Treasury yields above 5%, before a late bounce preserved the weekly rise. The latest close remains below the 20-day average of $124.605 and the 60-day average of $121.893, suggesting the fund has not yet cleared its near-term moving-average pressure. The latest trading day’s fund-flow snapshot shows large-lot money tilted toward net selling. The overall picture is one of tight coupling between this fund and AI-sector sentiment, with macro rate pressure crossing individual earnings events, and no clear directional resolution yet. The key ahead is whether next week’s dense macro data and the next wave of AI earnings can anchor expectations again. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [VGT.US](https://longbridge.com/en/quote/VGT.US.md) ## Related News & Research - [History says this ETF could be the biggest winner of the stock market sell-off](https://longbridge.com/en/news/302991080.md) - [Meet the Low-Cost Vanguard ETF With 32.4% Invested in Nvidia, Broadcom, Micron, AMD, Intel, and Lam Research, While VOO Has Just 14.8%.](https://longbridge.com/en/news/300923226.md) - [Arm CEO Acknowledges AMD's Head Start in AI Chips, But Says 'We're Very, Very Serious' About Competing](https://longbridge.com/en/news/304433106.md) - [Eli Lilly's retatrutide cuts knee osteoarthritis pain by up to 75.8% in Phase 3 trial](https://longbridge.com/en/news/304445746.md) - [CoreWeave (CRWV) Faces Texas Data Center Moratorium Risk After Democratic Wins](https://longbridge.com/en/news/304392461.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**