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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXC
Communications
SIXC
Communications
SIXC
+2.04%
587.95
+11.77
+2.04%
576.18576.18588.16576.18
SIXRE
Real estate
SIXRE
Real estate
SIXRE
+1.42%
221.59
+3.11
+1.42%
218.48218.48221.95218.48
SIXR
Staples
SIXR
Staples
SIXR
+1.06%
868.00
+9.11
+1.06%
858.89861.44870.21861.44
SIXT
Technology
SIXT
Technology
SIXT
+1.00%
3,840.97
+38.01
+1.00%
3,802.963,806.563,860.743,803.54
SIXM
Financials
SIXM
Financials
SIXM
+0.58%
717.44
+4.15
+0.58%
713.29715.34718.20711.49
US market summary
Major stock indexes finished higher on Thursday, pushing the S&P 500 to a fresh all-time record close. The rally was ignited by July's Producer Price Index coming in flat, matching consumer price data to reassure investors that inflationary pressures are subsiding.
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Rate Hike Apprehensions Evaporate as Bond Yields Slip Lower
Following back-to-back encouraging reports on inflation, traders slashed expectations for imminent interest rate adjustments by the Federal Reserve. Consequently, Treasury yields tumbled, with the 2-year note sliding to 4.12%, reflecting a growing consensus that borrowing costs may remain stable.
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SanDisk Inks Big Gains on Ambitious Long-Term Profit Margins
Shares of the memory chip provider skyrocketed over 13% following its recent investor day event in New York. The technology hardware manufacturer caught Wall Street's attention by highlighting long-term revenue opportunities and unveiling an aggressive 80% gross margin projection.
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Crypto Markets Stagnate as Regulatory Meetings Experience Delays
Digital assets traded flat, with Bitcoin holding steady in the low $63,000 range. Market momentum stalled slightly after the Securities and Exchange Commission unexpectedly postponed a highly anticipated meeting scheduled to define structural frameworks for investment contracts in the cryptocurrency sector.
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