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arrow_downward Symbols arrow_downward Symbols | arrow_downward Price | arrow_downward Change | arrow_downward % Change | Trend | arrow_downward Prev Close | arrow_downward Open | arrow_downward High | arrow_downward Low | arrow_downward Volume | arrow_downward Mkt Cap | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXU Utilities | SIXU -1.26% arrow_downward | 903.31 | -11.51 arrow_downward | -1.26% arrow_downward | — | 914.82 | 910.36 | 910.36 | 897.78 | — | — |
SIXM Financials | SIXM -1.07% arrow_downward | 628.17 | -6.77 arrow_downward | -1.07% arrow_downward | — | 634.94 | 632.49 | 632.49 | 627.63 | — | — |
SIXT Technology | SIXT +0.95% arrow_upward | 3,561.94 | +33.45 arrow_upward | +0.95% arrow_upward | — | 3,528.49 | 3,565.20 | 3,578.77 | 3,509.18 | — | — |
SIXRE Real estate | SIXRE -0.90% arrow_downward | 216.87 | -1.98 arrow_downward | -0.90% arrow_downward | — | 218.85 | 218.85 | 218.85 | 215.61 | — | — |
SIXC Communications | SIXC +0.77% arrow_upward | 610.29 | +4.66 arrow_upward | +0.77% arrow_upward | — | 605.63 | 605.63 | 611.69 | 602.96 | — | — |
US market summary
Tech resurgence pushes S&P 500 and Nasdaq to new records
On May 13, 2026, a strong rebound in technology and semiconductor shares propelled both the S&P 500 and the Nasdaq Composite to fresh all-time highs. Nvidia led the charge with a 2.3% gain, while others like Micron and On Semiconductor posted substantial advances of 4.8% and 11.1% respectively. Despite these headline-grabbing records, broader market participation remained weak, with roughly two-thirds of the companies within the S&P 500 actually finishing the session lower.
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Inflation data shock fuels expectations of further rate hikes
Concerns over persistent price pressures intensified following reports that the Producer Price Index surged 1.4% in April, the largest monthly jump since early 2022. This hotter-than-expected data has effectively erased expectations for Federal Reserve rate cuts in 2026, with some traders now pricing in a potential hike. The inflation remains broad-based, with significant acceleration in services and energy costs partly attributed to the ongoing conflict involving Iran.
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Treasury yields climb to nearly one-year highs
Yields on U.S. debt saw a significant upward move as bond markets reacted to recent consumer and producer inflation spikes. The 10-year Treasury yield reached 4.49%, its highest level since mid-2025, while the 30-year bond yield rose above the 5% threshold. These rising rates particularly weighed on capital-intensive sectors like utilities and real estate, which saw some of the sharpest losses in the market.
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Tech CEOs join presidential diplomatic mission to China
Nvidia CEO Jensen Huang and Tesla CEO Elon Musk are participating in a two-day summit in Beijing with Chinese President Xi Jinping. Investors are closely monitoring these discussions for potential openings in the Chinese market for American tech companies and the possibility of easing export restrictions on AI hardware. The presence of these prominent executives contributed to the bullish sentiment in the technology sector during recent trading sessions.
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