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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXE
Energy
SIXE
Energy
SIXE
-2.11%
1,205.14
-26.00
-2.11%
1,231.141,233.921,237.061,203.47
SIXV
Health care
SIXV
Health care
SIXV
+1.34%
1,658.73
+21.88
+1.34%
1,636.851,635.521,670.051,635.52
SIXB
Materials
SIXB
Materials
SIXB
+1.20%
1,118.45
+13.30
+1.20%
1,105.151,112.561,125.111,112.56
SIXC
Communications
SIXC
Communications
SIXC
-1.05%
579.08
-6.14
-1.05%
585.22585.22589.50574.23
SIXU
Utilities
SIXU
Utilities
SIXU
-1.01%
883.81
-8.98
-1.01%
892.79892.85892.86876.43
US market summary
The Dow Jones Industrial Average clinched its third consecutive record close, advancing 0.5% on the back of strong corporate earnings and an individual surge in Nvidia. Conversely, the Nasdaq Composite fell 0.8% and the S&P 500 slipped 0.2% as a late-day reversal in major technology shares erased early market gains.
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SpaceX shares plunge following public earnings debut and heavy AI spending plans
In its first quarterly report since going public in June, SpaceX reported strong top-line revenue that beat expectations but disappointed investors with widening losses. Shares plummeted over 13% as the market reacted to the company's aggressive capital spending plans aimed at building out its artificial intelligence computing infrastructure.
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Nvidia outperforms tech peers following exclusive infrastructure deal with SpaceX
While most of the 'Magnificent Seven' technology companies closed in the red, Nvidia shares surged over 3% to buck the sector's downward trend. The rally followed comments from Elon Musk during SpaceX's earnings call stating that the rocket company would exclusively utilize Nvidia processors to construct its AI systems.
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Treasury yields and oil prices stabilize amid optimism over critical shipping channel negotiations
The benchmark 10-year U.S. Treasury yield eased toward 4.6% and Brent crude oil prices held steady near $79 a barrel. The stabilizing trend comes as investors monitor potential diplomatic progress regarding the reopening of the Strait of Hormuz, which has alleviated some energy-driven inflation anxieties ahead of upcoming domestic employment reports.
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