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arrow_downward Symbols arrow_downward Symbols | arrow_downward Price | arrow_downward Change | arrow_downward % Change | Trend | arrow_downward Prev Close | arrow_downward Open | arrow_downward High | arrow_downward Low | arrow_downward Volume | arrow_downward Mkt Cap | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXT Technology | SIXT -1.60% arrow_downward | 3,738.36 | -60.80 arrow_downward | -1.60% arrow_downward | — | 3,799.16 | 3,785.43 | 3,798.05 | 3,735.23 | — | — |
SIXC Communications | SIXC +1.35% arrow_upward | 590.07 | +7.86 arrow_upward | +1.35% arrow_upward | — | 582.21 | 582.21 | 592.83 | 582.21 | — | — |
SIXU Utilities | SIXU -1.14% arrow_downward | 861.24 | -9.97 arrow_downward | -1.14% arrow_downward | — | 871.21 | 873.13 | 874.22 | 858.20 | — | — |
SIXY Discretionary | SIXY +1.12% arrow_upward | 2,368.04 | +26.31 arrow_upward | +1.12% arrow_upward | — | 2,341.73 | 2,352.83 | 2,375.08 | 2,351.47 | — | — |
SIXI Industrials | SIXI -0.97% arrow_downward | 1,784.25 | -17.39 arrow_downward | -0.97% arrow_downward | — | 1,801.64 | 1,805.13 | 1,807.49 | 1,779.50 | — | — |
US market summary
Fed Chairman Warsh sparks rate hike fears at Jackson Hole
Federal Reserve Chairman Kevin Warsh signaled strong concerns over persistent inflation during his highly anticipated speech, prompting investors to quickly price in a potential rate hike for September. Short-term Treasury yields jumped significantly as market probability for a next-month rate increase climbed to roughly 60%.
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US stock indexes close slightly lower but retain weekly gains
Major equity benchmarks closed marginally lower on Friday as investors reacted to hawkish monetary guidance. Despite minor losses in the S&P 500, Dow Jones Industrial Average, and Nasdaq composite, all three indexes finished the week in positive territory, buoyed earlier by tech sector enthusiasm.
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Bitcoin slips below major milestone following hawkish monetary outlook
Bitcoin retreated under the $80,000 threshold on Friday as the prospect of tighter central bank policy cooled risk-on sentiment and drove up short-term Treasury yields. The minor pullback comes amid a massive options expiration event and high-volume monthly inflows into spot cryptocurrency exchange-traded funds.
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PayPal shares plunge on collapsed fifty billion dollar takeover deal
Shares of PayPal dropped roughly 13% on Friday following reports that Stripe and Advent abandoned their massive $50 billion acquisition pursuit. The termination of the buyout talks stripped the digital payment firm of its built-in deal premium, prompting a swift selloff.
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