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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXU
Utilities
SIXU
Utilities
SIXU
-1.88%
805.88
-15.40
-1.88%
821.28818.91818.91804.81
SIXY
Discretionary
SIXY
Discretionary
SIXY
-1.52%
2,236.88
-34.60
-1.52%
2,271.482,266.292,266.292,231.84
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-1.52%
206.26
-3.19
-1.52%
209.45209.45209.45206.09
SIXE
Energy
SIXE
Energy
SIXE
+0.99%
1,313.53
+12.86
+0.99%
1,300.671,307.381,325.941,307.29
SIXC
Communications
SIXC
Communications
SIXC
-0.88%
588.98
-5.21
-0.88%
594.19594.19594.26587.69
US market summary
Major U.S. stock indexes finished lower on Wednesday as a surprisingly robust business activity report fueled inflation concerns. The S&P 500 fell 0.75%, the Dow Jones Industrial Average dropped over 350 points, and the Nasdaq Composite shed 1.13%, snapping its recent record-setting streak.
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Treasury yields spike to highest levels since 2007
The yield on the 10-year U.S. Treasury note surged past 5.11% following the release of the flash S&P Global purchasing managers index, which showed business activity expanding at its fastest pace since 2021. This severe move intensified fears of sticky inflation and persistent borrowing costs, putting substantial pressure on equity markets.
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Crude oil halts decline amid Middle East geopolitical tensions
Crude oil futures rebounded to snap a five-day losing streak, with Brent crude moving back over $101 a barrel and WTI crude approaching $92.66 a barrel. The price reversal followed confrontational rhetoric at the United Nations General Assembly between U.S. and Iranian leadership, renewing global energy supply shock worries.
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Quantum computing equities rally sharply on technological breakthrough
Shares of quantum computing firms jumped higher during mid-week trading, catalyzed by an announcement from IonQ regarding a major error-correction advancement. The breakthrough addresses critical execution bottlenecks in fault-tolerant computing, prompting widespread gains across the sector ahead of the Quantum World Congress.
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