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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXU Utilities | SIXU -1.88% arrow_downward | 805.88 | -15.40 arrow_downward | -1.88% arrow_downward | — | 821.28 | 818.91 | 818.91 | 804.81 | — | — |
SIXY Discretionary | SIXY -1.52% arrow_downward | 2,236.88 | -34.60 arrow_downward | -1.52% arrow_downward | — | 2,271.48 | 2,266.29 | 2,266.29 | 2,231.84 | — | — |
SIXRE Real estate | SIXRE -1.52% arrow_downward | 206.26 | -3.19 arrow_downward | -1.52% arrow_downward | — | 209.45 | 209.45 | 209.45 | 206.09 | — | — |
SIXE Energy | SIXE +0.99% arrow_upward | 1,313.53 | +12.86 arrow_upward | +0.99% arrow_upward | — | 1,300.67 | 1,307.38 | 1,325.94 | 1,307.29 | — | — |
SIXC Communications | SIXC -0.88% arrow_downward | 588.98 | -5.21 arrow_downward | -0.88% arrow_downward | — | 594.19 | 594.19 | 594.26 | 587.69 | — | — |
US market summary
Wall Street falls as resilient economy triggers inflation and rate anxieties
Major U.S. stock indexes tumbled as stronger-than-expected economic indicators renewed concerns that the Federal Reserve will raise interest rates again soon. The S&P 500 slid 0.75%, the Dow Jones Industrial Average dropped 352 points, and the Nasdaq Composite shed 1.13% to pull back from recent record highs.
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Treasury yields spike to multi-year highs on hawkish expectations
The yield on the 10-year U.S. Treasury note surged past 5.10%, hitting its highest mark since 2007 following reports of rising business costs. This dramatic jump in yields added severe pressure to equity markets as investors priced in a higher probability of an autumn interest rate hike by central bank officials.
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Energy sector bucks market downturn as oil prices rebound
While the broader equities market suffered losses, the S&P 500 energy sector advanced by 1.7% to stand out as a top performer. This upward push was driven by companies like Devon Energy and APA as crude oil futures reversed their recent slide and moved higher.
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Quantum computing equities rally following critical technical milestone
Quantum technology shares experienced a strong upward move following an announcement from IonQ regarding an error-correction breakthrough. The advancement, which facilitates real-time error correction without degrading execution times, triggered notable gains across multiple industry stocks right before the start of the Quantum World Congress.
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