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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
+2.22%
3,784.91
+82.25
+2.22%
—3,702.663,762.063,793.933,757.63——
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.12%
2,247.80
+24.97
+1.12%
—2,222.832,252.892,264.732,243.47——
SIXU
Utilities
SIXU
Utilities
SIXU
+0.86%
838.99
+7.17
+0.86%
—831.82833.96840.38831.76——
SIXB
Materials
SIXB
Materials
SIXB
+0.69%
1,073.89
+7.37
+0.69%
—1,066.521,071.931,078.861,069.71——
SIXE
Energy
SIXE
Energy
SIXE
+0.65%
1,349.64
+8.74
+0.65%
—1,340.901,336.961,350.731,331.74——
US market summary
Major U.S. stock indexes broke a three-day losing streak to finish significantly higher as investors shook off the initial jitters of a monetary policy shift. The rally came after the Federal Reserve implemented its first interest rate increase in three years, raising the benchmark rate by a quarter-percentage point to battle persistent inflation. Technology and semiconductor shares led the market turnaround, with the Nasdaq Composite jumping 1.7% and the S&P 500 gaining 1.1%.
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Semiconductor stocks surge behind rising memory prices and capital expenditure optimism
Chipmakers experienced a powerful rally, reversing a down trend sparked earlier in the week by concerns regarding artificial intelligence capital expenditures. Positive remarks from industry executives highlighting soaring memory prices injected fresh enthusiasm into the sector. Stock prices for major players including Intel, AMD, and Micron climbed substantially, lifting the PHLX Semiconductor Index by 3.1%.
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Energy supply optimization in Saudi Arabia pulls crude oil benchmarks lower
International oil prices retreated from recent multi-week highs as worries over global energy supply distributions began to cool. Easing pressures followed updates from Saudi Arabia, which indicated progress in repairing and restoring capacity to its vital East-West pipeline. Consequently, Brent crude futures slipped below $104 per barrel, helping to temper broader market anxieties regarding wholesale energy inflation.
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Precious metals recover as softening dollar and sliding yields boost bullion
Spot gold bounced back significantly from a near six-week low, climbing over 2% during daytime trading to hover around $4,360 per ounce. The recovery was largely supported by a declining U.S. dollar index and falling Treasury yields as investors calibrated the latest interest rate outlook. Market participants appeared to have fully priced in the latest central bank policy tightening, lending stability to both gold and silver futures.
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