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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXB
Materials
SIXB
Materials
SIXB
+1.25%
1,051.97
+13.01
+1.25%
—1,038.961,038.671,057.721,032.05——
SIXC
Communications
SIXC
Communications
SIXC
+1.20%
584.16
+6.91
+1.20%
—577.25577.25584.86576.76——
SIXE
Energy
SIXE
Energy
SIXE
+0.97%
1,335.89
+12.82
+0.97%
—1,323.071,323.221,342.471,307.36——
SIXV
Health care
SIXV
Health care
SIXV
+0.75%
1,692.70
+12.64
+0.75%
—1,680.061,678.541,697.171,674.29——
SIXM
Financials
SIXM
Financials
SIXM
+0.73%
664.56
+4.82
+0.73%
—659.74660.62666.04657.81——
US market summary
The tech-heavy Nasdaq Composite led Wall Street by closing at an all-time high of 27,477.31 on Monday. Heavyweight technology companies, including Nvidia and Microsoft, drove the gains as investors aggressively bought back into artificial intelligence and mega-cap growth stocks.
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Weak September Labor Data Tempers Fed Rate Hike Expectations
A surprisingly weak September nonfarm payrolls report showed the U.S. economy added just 29,000 jobs, significantly missing forecasts. Following the data, market probabilities for an additional interest rate hike at the Federal Reserve's upcoming October policy meeting plummeted sharply, providing relief to equity traders.
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Treasury Yields March to Multi-Decade Highs Amid Macro Pressures
Despite softer employment figures, long-term borrowing costs remained uncomfortably high for equity valuations. The benchmark 10-year U.S. Treasury yield advanced to 5.31%, hovering near multi-decade highs not witnessed since 2007.
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Schneider Electric Inks $22.6 Billion Acquisition of Software Maker PTC
In corporate dealmaking, France's Schneider Electric announced an agreement to acquire the American industrial software firm PTC in an all-cash transaction valued at $22.6 billion. The purchase represents a massive 42% premium over the company's previous closing price and gave a noticeable boost to the sector.
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