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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-1.44%
3,727.44
-54.27
-1.44%
3,781.713,730.483,753.943,714.89
SIXB
Materials
SIXB
Materials
SIXB
-1.22%
1,075.01
-13.30
-1.22%
1,088.311,081.461,081.461,072.08
SIXU
Utilities
SIXU
Utilities
SIXU
-1.00%
856.16
-8.67
-1.00%
864.83866.28870.25856.07
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-0.87%
210.99
-1.85
-0.87%
212.84212.84213.75210.56
SIXI
Industrials
SIXI
Industrials
SIXI
-0.70%
1,716.87
-12.13
-0.70%
1,729.001,725.821,727.931,711.49
US market summary
Wall Street finished lower on Thursday, marking a four-day losing streak for the major benchmarks. The Dow Jones Industrial Average fell 0.6%, while the S&P 500 and the Nasdaq Composite dropped 0.58% and 0.65% respectively, amid broader market anxiety regarding inflation and policy direction.
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Crude oil benchmarks top one hundred dollars on geopolitical friction
U.S. oil prices surged past the $100 per barrel mark, with West Texas Intermediate settling above $102 and Brent crude crossing $107. The sudden jump represents the highest pricing levels since mid-May, fueled by an intensifying, prolonged conflict between the United States and Iran.
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Treasury yields skyrocket to multiyear highs ahead of inflation data
Bond markets experienced an intense sell-off that pushed the 10-year Treasury yield toward the 4.95% threshold. Concurrently, the 30-year Treasury yield advanced to 5.36%, hitting its highest mark since 2004 as investors brace for the Federal Reserve's upcoming rate-setting meeting.
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Wholesale inflation prints higher as energy costs gain momentum
The U.S. Producer Price Index accelerated 1.1% in August, bringing the 12-month advance to 5.4% from 4.8% in July. This upward momentum was heavily driven by skyrocketing energy costs, particularly record diesel prices, which increased by more than 24% over the month.
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