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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXC Communications | SIXC +1.72% arrow_upward | 592.26 | +10.04 arrow_upward | +1.72% arrow_upward | — | 582.22 | 582.22 | 594.70 | 582.22 | — | — |
SIXT Technology | SIXT -1.07% arrow_downward | 3,658.24 | -39.48 arrow_downward | -1.07% arrow_downward | — | 3,697.72 | 3,729.87 | 3,730.07 | 3,590.37 | — | — |
SIXU Utilities | SIXU -0.98% arrow_downward | 916.08 | -9.04 arrow_downward | -0.98% arrow_downward | — | 925.12 | 925.62 | 930.44 | 914.76 | — | — |
SIXY Discretionary | SIXY +0.93% arrow_upward | 2,365.18 | +21.75 arrow_upward | +0.93% arrow_upward | — | 2,343.43 | 2,356.48 | 2,382.05 | 2,356.48 | — | — |
SIXE Energy | SIXE -0.85% arrow_downward | 1,189.68 | -10.25 arrow_downward | -0.85% arrow_downward | — | 1,199.93 | 1,199.50 | 1,200.91 | 1,174.93 | — | — |
US market summary
US stock indexes drift higher following encouraging inflation metrics
Major equity benchmarks closed in positive territory as Wall Street digested lighter wholesale inflation data. The Producer Price Index for June showed price pressures cooling faster than projected, offering relief to investors and lowering short-term expectations for further Federal Reserve interest rate hikes.
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Mega-cap technology companies lead broad market gains
Large technology firms paced the broader equity market, pushing the S&P 500 to within half a percentage point of its all-time record high. Strong performances from industry giants like Apple and Alphabet provided major support for the benchmarks, offsetting broader macroeconomic concerns.
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Financial companies jump start earnings season on a high note
The quarterly earnings cycle kicked off on a strong note, fueled by bumper second-quarter corporate profit reports from major institutions. BlackRock led financial sector gains after announcing that its managed assets surpassed a key trillion-dollar milestone amid stronger-than-expected revenue.
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Semiconductor sector falls behind despite positive guidance from ASML
Chipmaker stocks lagged the broader tech rally, with memory manufacturers facing notable declines during recent trading sessions. Despite a bullish long-term outlook and elevated sales guidance from equipment supplier ASML, broader semiconductor benchmarks pulled back as investors reassessed crowded market positioning.
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