SaltWire's Atlantic regional weather forecast for October 27, 2023 | SaltWire - Bargain hunting drove investors to exchange-traded funds tracking technology companies after shares fell sharply on mixed earnings from heavyweights.
The fund's price fell nearly 4% in the week, as mixed results from megacaps like Alphabet weighed on the sector. However, worries about higher-for-longer interest rates have stalled the momentum and set the benchmark on course for monthly losses.