No new catalyst: IVZ was down about 3.8%, deeper than the roughly 2.0% decline earlier, as investors extended the broad risk-off selloff over technology companies' rising AI spending. Tech giants' spending spooks investors as bonds rally The Nasdaq fell more than 2% and the VIX jumped, while IVZ's high market sensitivity amplified the broader move. No company news behind it.
No new catalyst: IVZ was down about 3.8%, deeper than the roughly 2.0% decline earlier, as investors extended the broad risk-off selloff over technology companies' rising AI spending. Tech giants' spending spooks investors as bonds rally The Nasdaq fell more than 2% and the VIX jumped, while IVZ's high market sensitivity amplified the broader move. No company news behind it.