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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXE
Energy
SIXE
Energy
SIXE
+2.88%
1,373.30
+38.47
+2.88%
—1,334.831,339.121,378.631,339.12——
SIXR
Staples
SIXR
Staples
SIXR
+2.04%
843.36
+16.90
+2.04%
—826.46829.28845.81829.28——
SIXT
Technology
SIXT
Technology
SIXT
-1.83%
3,983.95
-74.06
-1.83%
—4,058.014,027.074,053.933,958.32——
SIXM
Financials
SIXM
Financials
SIXM
+0.91%
668.85
+6.04
+0.91%
—662.81660.77670.14659.96——
SIXRE
Real estate
SIXRE
Real estate
SIXRE
+0.68%
200.72
+1.35
+0.68%
—199.37199.37201.11198.04——
US market summary
The tech-heavy Nasdaq Composite and the S&P 500 closed lower following reports that OpenAI's annualized revenue missed previous internal projections. This documentation sparked fresh skepticism surrounding the massive capital expenditures tied to artificial intelligence, prompting sharp corrections for prominent semiconductor firms and software providers.
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Oil prices spike amid geopolitical friction and extreme weather
Benchmark Brent crude prices climbed past $104 per barrel after a new tanker attack in the Persian Gulf disrupted regional supply channels. Energy markets also absorbed significant supply cuts as domestic producers in the Gulf of Mexico shut down roughly a quarter of their daily crude production ahead of Hurricane Isaias.
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Geopolitical remarks from executive office stabilize volatile bond yields
Treasury yields initially marched to multi-year highs following warnings of higher interest rates from Federal Reserve Governor Christopher Wallace. However, yields retreated from their daily peaks after an announcement that military operations against Iran would not occur prior to the midterm elections, relieving intense market anxiety.
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Labor market resilience persists with low weekly jobless claims
Initial filings for unemployment benefits dropped to 197,000 for the week ending October 3, highlighting the ongoing strength of the domestic workforce. This robust employment metric aligned with hawkish minutes from the central bank's latest meeting, reinforcing expectations of sustained interest rate pressure through the end of the year.
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