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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXI
Industrials
SIXI
Industrials
SIXI
-3.24%
1,780.23
-59.57
-3.24%
1,839.801,828.101,828.101,778.49
SIXT
Technology
SIXT
Technology
SIXT
-2.65%
3,353.87
-91.39
-2.65%
3,445.263,441.973,474.323,353.37
SIXE
Energy
SIXE
Energy
SIXE
+1.89%
1,234.17
+22.87
+1.89%
1,211.301,223.171,248.481,223.17
SIXM
Financials
SIXM
Financials
SIXM
-1.57%
698.63
-11.14
-1.57%
709.77707.94708.45697.84
SIXU
Utilities
SIXU
Utilities
SIXU
-1.35%
909.06
-12.40
-1.35%
921.46924.99925.89906.11
US market summary
Major U.S. stock indexes tumbled significantly on Wednesday after the Federal Reserve chose to maintain its key interest rate at a range of 3.5% to 3.75%. Although rates were left unchanged, the decision included a notable three-way regional president dissent favoring a rate hike, alongside tough rhetoric from Chair Kevin Warsh regarding stubborn inflation. This sent the Dow Jones Industrial Average down more than 1,150 points for its worst daily performance since April 2025, while the S&P 500 and Nasdaq Composite slid 1.5% and 1.7% respectively.
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Geopolitical escalation triggers massive surge in crude oil prices
International oil benchmarks leaped on Wednesday following a sudden amplification of geopolitical conflict in the Middle East. Brent crude surged over 6% to settle near $88–$89 per barrel after U.S. forces responded to an attempted surprise attack from Iran-aligned groups. The renewal of open hostilities disrupted earlier weekly energy market reprieves and sparked sudden concerns regarding global oil supply stability.
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Long-term Treasury yields soar to multi-year highs amid inflation anxieties
While short-term bond yields saw minor declines, longer-duration government debt yields climbed aggressively during Wednesday's trading session. Investors tracking the Federal Reserve's press conference demanded higher compensation to hold long-term debt out of fear that inflation will persist above the target rate. Concurrently, the 30-year Treasury bond yield surged past 5.22%, marking its highest intraday level since July 2007.
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Tech stocks slide into correction territory as AI winners lose ground
Sinking technology shares continued to weigh heavily on equity markets, with the Nasdaq Composite closing more than 10% below its recent record high. Recent market frontrunners in the artificial intelligence sector, such as Nvidia, Advanced Micro Devices, and Micron Technology, suffered notable drops during the session. Investor caution was further elevated by high capital expenditures in the sector and post-close anxieties regarding Meta Platforms' latest quarterly monetization updates.
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