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Symbols
Price
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% Change
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Low
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Mkt Cap
SIXV
Health care
SIXV
Health care
SIXV
+2.70%
1,657.90
+43.56
+2.70%
1,614.341,620.741,657.901,620.74
SIXT
Technology
SIXT
Technology
SIXT
-2.63%
3,640.12
-98.21
-2.63%
3,738.333,737.363,775.813,601.16
SIXU
Utilities
SIXU
Utilities
SIXU
+2.27%
927.06
+20.54
+2.27%
906.52909.62927.49909.62
SIXR
Staples
SIXR
Staples
SIXR
+2.07%
860.39
+17.46
+2.07%
842.93846.25861.20846.25
SIXB
Materials
SIXB
Materials
SIXB
+1.99%
1,105.39
+21.54
+1.99%
1,083.851,085.321,105.461,085.32
US market summary
The Dow Jones Industrial Average rose 1.1% to reach a record closing high of 52,900.07 on July 2, 2026. This rally was fueled by a June jobs report that showed slower-than-expected hiring, which investors interpreted as a sign the Federal Reserve may refrain from further interest rate hikes.
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Tech sector weighs on Nasdaq as semiconductor selloff intensifies
While the Dow surged, the Nasdaq composite fell 0.8% on July 2, 2026, due to a sharp decline in semiconductor and AI-related stocks. Major hardware players like SanDisk and Micron saw significant losses, with the Philadelphia Semiconductor Index plunging roughly 5% as investors rotated away from high-growth tech toward older economy sectors.
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June jobs report misses expectations with sharp hiring slowdown
The U.S. economy added only 57,000 jobs in June 2026, significantly below the 115,000 projected by economists. Despite the slower hiring, the unemployment rate ticked down slightly to 4.2%, and the overall labor data prompted a decline in the probability of an imminent interest rate hike by the Federal Reserve.
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Treasury yields and dollar soften following economic data
Following the release of the June employment report, the two-year Treasury yield slipped to 4.13% while the ten-year yield held around 4.45%. These moves reflected a reduction in market bets for aggressive Fed policy, as a cooling labor market and easing inflation expectations weakened the U.S. dollar's recent momentum.
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