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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.45%
2,422.68
+34.60
+1.45%
—2,388.082,395.182,434.722,395.18——
SIXT
Technology
SIXT
Technology
SIXT
+1.43%
3,786.66
+53.41
+1.43%
—3,733.253,780.293,800.923,741.18——
SIXB
Materials
SIXB
Materials
SIXB
+1.34%
1,123.25
+14.83
+1.34%
—1,108.421,111.551,124.661,108.83——
SIXE
Energy
SIXE
Energy
SIXE
-1.18%
1,209.32
-14.45
-1.18%
—1,223.771,215.481,220.731,201.37——
SIXV
Health care
SIXV
Health care
SIXV
+0.78%
1,673.99
+12.99
+0.78%
—1,661.001,659.241,674.511,645.55——
US market summary
Major indexes closed significantly higher on Friday, registering their strongest weekly performance since April. The S&P 500 reached an all-time record high after a surprise contraction in July nonfarm payrolls signaled economic cooling. This unexpected drop in employment fueled optimism among traders that the Federal Reserve will hold interest rates steady rather than executing further hikes.
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Gold prices surge on shifting macroeconomic expectations
Precious metals recorded substantial gains this week, with gold spot prices posting their most impressive weekly performance since January. The asset inverse-correlated with the softening U.S. dollar, climbing toward multi-week highs as investors weighed the mixed indicators of lower employment numbers alongside persistent geopolitical tensions in West Asia.
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Crypto markets remain resilient as regulatory legislation stalls
Bitcoin and Ethereum traded higher following the release of the U.S. jobs report, with Bitcoin holding steady around the $65,000 threshold. The market largely brushed off political headwinds after Senate leadership confirmed that a critical regulatory crypto bill will be delayed until at least September due to unresolved administrative provisions.
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Corporate tech shares lead a broad market rally after robust earnings
Corporate earnings reports continued to heavily influence equities, with high-profile software and artificial intelligence firms posting substantial gains. Shares of collaboration software maker Atlassian surged over 35% on strong guidance, while data analytics firm Palantir gained momentum following upbeat analyst revisions. This robust earnings output helped push tech-heavy indices higher and alleviated overarching fears regarding an artificial intelligence valuation bubble.
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