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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.11%
2,224.32
+24.35
+1.11%
—2,199.972,216.782,236.732,216.45——
SIXT
Technology
SIXT
Technology
SIXT
+1.00%
4,025.28
+39.75
+1.00%
—3,985.534,038.504,056.824,016.18——
SIXI
Industrials
SIXI
Industrials
SIXI
+0.78%
1,714.34
+13.27
+0.78%
—1,701.071,709.441,724.941,703.48——
SIXB
Materials
SIXB
Materials
SIXB
+0.67%
1,038.96
+6.96
+0.67%
—1,032.001,034.871,049.021,034.87——
SIXU
Utilities
SIXU
Utilities
SIXU
+0.37%
806.70
+2.99
+0.37%
—803.71805.29813.77804.02——
US market summary
United States labor data for September revealed an addition of only 29,000 nonfarm payroll jobs, coming in significantly under the consensus estimate of 84,000. Coupled with a slight uptick in the unemployment rate to 4.2%, the cooling labor market prompted investors to heavily discount the likelihood of a Federal Reserve interest rate hike later this month. Consequently, major equity indexes jumped as Treasury yields backed down from their recent multi-decade peaks.
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Tech stocks lift Nasdaq to record highs while Dow and S&P 500 register weekly losses
A powerful Friday rally driven by large-cap technology and artificial intelligence hardware companies pushed the Nasdaq Composite up 1.2% to close near record highs, securing its third consecutive weekly gain. In contrast, despite a positive final trading session, the Dow Jones Industrial Average and the S&P 500 were weighted down by earlier volatility and concluded the week with net losses.
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Bitcoin reaches the mid-80k mark following a positive technical golden cross pattern
Cryptocurrency markets experienced a strong push as Bitcoin advanced past $86,000 ahead of macroeconomic data releases. Analysts highlighted a major longer-term technical indicator as Bitcoin's 30-day moving average crossed above its 365-day moving average, creating a bullish golden cross pattern that historical trends suggest sets up a strong fourth quarter.
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Global emergency stockpile release drives weekly decline in crude oil futures
Crude oil prices experienced downward pressure over the week following an agreement by G-7 and European nations to inject 100 million barrels of crude and diesel into the market from emergency reserves. While West Texas Intermediate futures stabilized around $91.45 a barrel by Friday's close, the coordinated supply release led to an overall weekly drop of more than 1.5% for the energy sector.
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