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Symbols
Price
Change
% Change
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Open
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Low
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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 reached a fresh record above 52,750 points during the July 4th holiday week. A weaker-than-expected June payrolls report, which showed only 57,000 jobs added, boosted market sentiment by reducing the likelihood of near-term interest rate hikes from the Federal Reserve.
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Tech sector rotation weighs on Nasdaq despite broader market gains
While industrial and blue-chip stocks rallied, the Nasdaq Composite struggled as investors rotated out of semiconductor and artificial intelligence leaders. High-profile chipmakers faced significant selling pressure, with the PHLX Semiconductor Index dropping over 5% in the final trading sessions of the week.
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Treasury yields stabilize following softer economic data
U.S. Treasury yields held steady or slightly eased as the 10-year note hovered around 4.48% prior to the holiday weekend. Market participants are pricing in more stable interest rate expectations after Federal Reserve officials noted that inflation risks appear to be softening.
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Cryptocurrency markets rebound as Bitcoin targets sixty-two thousand
Digital assets saw a broad recovery in early July, with Bitcoin climbing back above the $61,000 level following five consecutive days of ETF inflows. Ethereum and Solana also posted solid gains, benefiting from improved investor sentiment and a perceived shift in the Federal Reserve's hawkish stance.
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