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Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
+3.08%
3,853.63
+115.02
+3.08%
3,738.613,823.543,863.533,812.59
SIXE
Energy
SIXE
Energy
SIXE
-1.69%
1,124.31
-19.27
-1.69%
1,143.581,137.641,137.641,113.91
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.51%
2,365.50
+35.08
+1.51%
2,330.422,343.432,374.422,332.21
SIXM
Financials
SIXM
Financials
SIXM
-0.91%
658.84
-6.03
-0.91%
664.87667.28670.86657.59
SIXV
Health care
SIXV
Health care
SIXV
-0.85%
1,505.60
-12.95
-0.85%
1,518.551,520.111,520.981,499.19
US market summary
U.S. stock indexes closed significantly higher on Thursday, June 18, 2026, recovering from losses triggered by previous hawkish signals from the Federal Reserve. Markets were bolstered by the signing of a preliminary peace agreement between the United States and Iran, which is expected to reopen the Strait of Hormuz to oil traffic. The Nasdaq Composite led the rally with a 1.9% gain, while the S&P 500 rose 1.1% and the Dow Jones Industrial Average edged up 0.1%.
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Warsh era begins with shift in Fed transparency
Federal Reserve Chair Kevin Warsh presided over his first FOMC meeting, where policymakers kept interest rates steady at 3.5–3.75% but signaled a likely hike later in 2026. In a major policy shift, the Fed scrapped its traditional forward guidance, with Warsh stating the move simplifies communication. The central bank also established five new task forces to review its core frameworks for inflation, growth, and financial stability.
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Semiconductor sector surges on strategic partnerships
Technology stocks outperformed the broader market, driven by a significant rally in semiconductor shares. Intel saw a surge in its stock price following reports of a new chip-manufacturing partnership with Apple, while Advanced Micro Devices gained ground after receiving an analyst price-target hike. These gains helped the tech-heavy Nasdaq notch a weekly gain of 2.4% during the shortened trading week.
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Crypto markets slide despite improving global sentiment
Bitcoin and Ethereum prices fell on Thursday, even as traditional markets rallied on positive geopolitical news. Bitcoin dipped toward the $63,000 level as investors appeared to prioritize equity gains over digital assets following the hawkish Federal Reserve meeting. Analysts noted that while the U.S.-Iran deal improved general risk appetite, crypto markets remained pressured by the prospect of higher-for-longer interest rates.
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