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arrow_downward Symbols arrow_downward Symbols | arrow_downward Price | arrow_downward Change | arrow_downward % Change | Trend | arrow_downward Prev Close | arrow_downward Open | arrow_downward High | arrow_downward Low | arrow_downward Volume | arrow_downward Mkt Cap | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXC Communications | SIXC +2.85% arrow_upward | 581.35 | +16.09 arrow_upward | +2.85% arrow_upward | — | 565.26 | 565.26 | 585.10 | 565.26 | — | — |
SIXY Discretionary | SIXY +1.87% arrow_upward | 2,390.04 | +43.90 arrow_upward | +1.87% arrow_upward | — | 2,346.14 | 2,368.27 | 2,408.12 | 2,368.27 | — | — |
SIXI Industrials | SIXI +1.87% arrow_upward | 1,846.03 | +33.80 arrow_upward | +1.87% arrow_upward | — | 1,812.23 | 1,816.79 | 1,848.70 | 1,816.79 | — | — |
SIXT Technology | SIXT +1.60% arrow_upward | 3,586.91 | +56.64 arrow_upward | +1.60% arrow_upward | — | 3,530.27 | 3,508.19 | 3,603.81 | 3,486.54 | — | — |
SIXE Energy | SIXE -1.35% arrow_downward | 1,236.43 | -16.89 arrow_downward | -1.35% arrow_downward | — | 1,253.32 | 1,243.43 | 1,247.60 | 1,223.94 | — | — |
US market summary
Equities Surge and Dow Hits Record Close as Middle East Fears Ease
U.S. stocks kicked off August with a powerful broad market rally fueled by signs of de-escalating tensions between the U.S. and Iran. The Dow Jones Industrial Average gained over 690 points to secure its 22nd record close of the year, while the S&P 500 closed just 0.1% below its own all-time high.
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Crude Oil Plummets After Diplomatic Turn with Iran
Brent crude prices dropped roughly 5% to settle at $83.77 a barrel after President Donald Trump indicated a pause on ordering new military strikes against Iran. The shift toward diplomacy and potential talks to reopen the crucial Strait of Hormuz immediately alleviated inflation worries on Wall Street.
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Manufacturing Activity Hits Highest Level Since 2022
Economic data injected further optimism into the market as the July ISM manufacturing index surged to 55.6%. This expansionary reading comfortably beat economist consensus expectations, showcasing strong business resilience amid broader macroeconomic concerns.
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Magnificent Seven Driving Monumental Tech Rebound
Large-cap technology and growth stocks spearheaded the daily market advances, with the Nasdaq Composite climbing 2.1%. The heavy buying extended a three-day rally that added an astronomical $1.88 trillion to the collective market capitalization of the sector's top seven tech giants.
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