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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXE
Energy
SIXE
Energy
SIXE
+2.88%
1,373.30
+38.47
+2.88%
—1,334.831,339.121,378.631,339.12——
SIXR
Staples
SIXR
Staples
SIXR
+2.04%
843.36
+16.90
+2.04%
—826.46829.28845.81829.28——
SIXT
Technology
SIXT
Technology
SIXT
-2.02%
3,976.09
-81.92
-2.02%
—4,058.014,027.074,053.933,958.32——
SIXM
Financials
SIXM
Financials
SIXM
+0.91%
668.85
+6.04
+0.91%
—662.81660.77670.14659.96——
SIXRE
Real estate
SIXRE
Real estate
SIXRE
+0.68%
200.72
+1.35
+0.68%
—199.37199.37201.11198.04——
US market summary
Major tech and chipmaker stocks experienced heavy selling pressure on Thursday following reports that OpenAI's annualized revenue missed previous internal projections. High-profile tech firms like Oracle, Nvidia, and Advanced Micro Devices suffered notable declines, dragging down the tech-heavy Nasdaq Composite.
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Treasury yields march to modern highs amid inflation and monetary policy concerns
The 10-year and 30-year Treasury yields surged to fresh 24-year highs, intensifying borrowing cost concerns for public equities. Investors are reacting to hawkish commentary from Federal Reserve officials signaling the potential need for multiple interest rate hikes to aggressively manage inflation.
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Oil prices fluctuate on escalating Middle East geopolitical risks
Crude oil prices spiked on reports of escalating tensions in the Middle East and potential U.S. defense positioning regarding Iran. Prices eventually backed off intraday highs after political commentary suggested actions might not be imminent before the upcoming midterm elections.
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Major U.S. stock indices pull back from recent record peaks
The S&P 500 and the Nasdaq Composite both moved lower, retreating from the record highs they established earlier in the week. While corporate earnings growth has provided underlying support, broader index performance continues to face headwinds from elevated energy costs and a weaker bond market.
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