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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXE
Energy
SIXE
Energy
SIXE
+1.45%
1,301.99
+18.67
+1.45%
1,283.321,285.141,305.861,285.14
SIXV
Health care
SIXV
Health care
SIXV
-0.60%
1,690.35
-10.27
-0.60%
1,700.621,698.781,698.781,681.18
SIXU
Utilities
SIXU
Utilities
SIXU
+0.55%
895.25
+4.88
+0.55%
890.37890.61897.37889.32
SIXB
Materials
SIXB
Materials
SIXB
+0.40%
1,115.22
+4.39
+0.40%
1,110.831,113.291,117.391,110.38
SIXT
Technology
SIXT
Technology
SIXT
-0.37%
3,826.69
-14.28
-0.37%
3,840.973,847.623,852.623,811.14
US market summary
Major U.S. equity indexes slipped on Friday following a weaker-than-expected retail sales report for July and a drop in preliminary August consumer sentiment. Despite the daily dip, both the S&P 500 and the Nasdaq Composite locked in their third consecutive weekly gains. Investors are balancing the prospects of lower interest rates against fears of a cooling economy.
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Middle East tensions drive oil prices upward
Crude oil prices ticked higher on Friday after reports surfaced that a tanker came under attack while exiting the Persian Gulf. Total traffic through the crucial Strait of Hormuz remains severely restricted amid ongoing military friction involving Iran, introducing added volatility to the energy sector and global trade routes.
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Tame inflation reports fuel hopes for a Federal Reserve rate hold
Recent soft producer price and consumer inflation readings have altered market expectations for upcoming monetary policy decisions. Traders are currently pricing in a majority chance that the Federal Reserve will pause its interest rate hikes during the upcoming September meeting, easing immediate macroeconomic tightening concerns.
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Reddit shares leap following integration into benchmark index
Shares of the social media company Reddit experienced a major double-digit rally following an announcement that it would be added to the S&P 500 index later in the month. The upcoming structural shift prompted a surge in trading volume and buying interest, highlighting a positive corporate milestone amid an otherwise muted day for tech equities.
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