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Symbols
Symbols
Price
Change
% Change
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Open
High
Low
Volume
Mkt Cap
SIXC
Communications
SIXC
Communications
SIXC
-1.74%
578.28
-10.24
-1.74%
—588.52588.52588.52576.28——
SIXY
Discretionary
SIXY
Discretionary
SIXY
-1.65%
2,333.70
-39.08
-1.65%
—2,372.782,347.732,362.782,332.04——
SIXE
Energy
SIXE
Energy
SIXE
+1.15%
1,214.81
+13.76
+1.15%
—1,201.051,208.671,223.321,206.57——
SIXT
Technology
SIXT
Technology
SIXT
-1.07%
3,536.61
-38.28
-1.07%
—3,574.893,491.933,583.853,451.66——
SIXM
Financials
SIXM
Financials
SIXM
-0.91%
693.63
-6.34
-0.91%
—699.97697.59702.22692.21——
US market summary
Major U.S. stock indices ended the week sharply in the red following consecutive days of deep market losses. The Nasdaq Composite slid 1.4% on Friday, concluding its worst weekly point drop since late June, while the S&P 500 and Dow Jones Industrial Average dropped 1% and 0.8% respectively.
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Semiconductor Route Deepens Amid AI Valuation Doubts and New Foreign Competition
Chipmaker equities led the market downside as the PHLX Semiconductor Index extended a multi-week retreat from its record highs. Investor concerns over aggressive corporate spending on artificial intelligence infrastructure were amplified by the unveiling of a competitive advanced AI model by Chinese startup Moonshot.
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Middle East Military Escalation Triggers Crude Oil Spikes
Energy commodities surged upward following announcements of consecutive U.S. military airstrikes against Iranian targets. The growing geopolitical tensions and the effective closure of the critical Strait of Hormuz pushed Brent crude higher, making energy the only positive sector in the S&P 500 during the market downturn.
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Gold Prices Facing Severe Weekly Losses as Inflation Worries Rekindle Rate Fears
Spot gold fluctuated near multi-month lows around the $4,000 mark, logging its sharpest weekly percentage decline since early June. The drop was largely fueled by rising energy prices that stoked broader inflation fears, encouraging several Federal Reserve officials to signal their openness to potential interest rate hikes.
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