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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXV
Health care
SIXV
Health care
SIXV
+2.70%
1,657.90
+43.56
+2.70%
1,614.341,620.741,657.901,620.74
SIXT
Technology
SIXT
Technology
SIXT
-2.63%
3,640.12
-98.21
-2.63%
3,738.333,737.363,775.813,601.16
SIXU
Utilities
SIXU
Utilities
SIXU
+2.27%
927.06
+20.54
+2.27%
906.52909.62927.49909.62
SIXR
Staples
SIXR
Staples
SIXR
+2.07%
860.39
+17.46
+2.07%
842.93846.25861.20846.25
SIXB
Materials
SIXB
Materials
SIXB
+1.99%
1,105.39
+21.54
+1.99%
1,083.851,085.321,105.461,085.32
US market summary
The Dow Jones Industrial Average surged nearly 600 points to finish at an all-time record high of 52,900.07 during a holiday-shortened trading week. This rally was fueled by an aggressive rotation away from high-growth technology stocks into defensive sectors such as healthcare and consumer staples.
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Semiconductor slump pressures tech-heavy benchmarks
The Nasdaq and S&P 500 faced significant headwinds as semiconductor stocks suffered back-to-back losses, with the PHLX Semiconductor Index dropping over 5% in a single session. Investors pulled back from major chipmakers like Nvidia and Micron amid concerns regarding overextended AI valuations and new competition in the memory market.
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Soft employment data shifts federal reserve expectations
A weaker-than-expected June jobs report, which showed the economy adding only 57,000 positions, has significantly altered market projections for monetary policy. The underwhelming data led many investors to believe the Federal Reserve may hold off on imminent interest rate hikes, providing a boost to traditional equity sectors.
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Cryptocurrency markets rebound following job report miss
Digital assets saw a strong recovery as Bitcoin climbed above the $61,000 mark and Ethereum gained over 5% following the latest U.S. labor data. The move appears to be driven by easing inflation concerns and renewed institutional inflows into spot ETFs after a volatile month of June.
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