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Symbols
Symbols
Price
Change
% Change
Trend
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Open
High
Low
Volume
Mkt Cap
SIXC
Communications
SIXC
Communications
SIXC
-1.74%
578.28
-10.24
-1.74%
588.52588.52588.52576.28
SIXY
Discretionary
SIXY
Discretionary
SIXY
-1.65%
2,333.70
-39.08
-1.65%
2,372.782,347.732,362.782,332.04
SIXE
Energy
SIXE
Energy
SIXE
+1.15%
1,214.81
+13.76
+1.15%
1,201.051,208.671,223.321,206.57
SIXT
Technology
SIXT
Technology
SIXT
-1.07%
3,536.61
-38.28
-1.07%
3,574.893,491.933,583.853,451.66
SIXM
Financials
SIXM
Financials
SIXM
-0.91%
693.63
-6.34
-0.91%
699.97697.59702.22692.21
US market summary
Major U.S. stock indices ended lower on Friday, driven by an intensifying sell-off in technology and semiconductor equities. The Nasdaq Composite slid 1.4% to lead the decline, while the S&P 500 and Dow Jones Industrial Average fell 1.01% and 0.77%, respectively, snapping short-term winning streaks for the broader benchmarks.
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Chinese artificial intelligence breakthrough rattles domestic tech valuations
Investor anxieties over overextended valuations in the artificial intelligence sector heightened following a major competitive update from overseas. Beijing-based startup Moonshot AI introduced a new high-parameter model that reportedly narrows the capabilities gap with dominant American systems, prompting a sharp downturn in leading U.S. chipmaker stocks.
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Geopolitical escalation in Middle East drives energy sector higher
Escalating military friction and renewed strikes between the United States and Iran disrupted key shipping corridors in the Strait of Hormuz, inflating global energy supply anxieties. Brent crude oil prices spiked over 4% in response, making energy the sole advancing sector in the S&P 500 during the market downturn.
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Streaming giant and medical device stocks tumble on soft outlooks
Corporate earnings reports weighed heavily on consumer discretionary and healthcare segments. Netflix shares dropped more than 7% after delivering a weaker-than-anticipated forecast for third-quarter revenue, while Intuitive Surgical fell over 13% due to unchanged procedure growth guidance and disruptions from insurance shifts.
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