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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 -1.74% arrow_downward | 578.28 | -10.24 arrow_downward | -1.74% arrow_downward | — | 588.52 | 588.52 | 588.52 | 576.28 | — | — |
SIXY Discretionary | SIXY -1.65% arrow_downward | 2,333.70 | -39.08 arrow_downward | -1.65% arrow_downward | — | 2,372.78 | 2,347.73 | 2,362.78 | 2,332.04 | — | — |
SIXE Energy | SIXE +1.15% arrow_upward | 1,214.81 | +13.76 arrow_upward | +1.15% arrow_upward | — | 1,201.05 | 1,208.67 | 1,223.32 | 1,206.57 | — | — |
SIXT Technology | SIXT -1.07% arrow_downward | 3,536.61 | -38.28 arrow_downward | -1.07% arrow_downward | — | 3,574.89 | 3,491.93 | 3,583.85 | 3,451.66 | — | — |
SIXM Financials | SIXM -0.91% arrow_downward | 693.63 | -6.34 arrow_downward | -0.91% arrow_downward | — | 699.97 | 697.59 | 702.22 | 692.21 | — | — |
US market summary
Major Wall Street indexes log weekly losses amidst widening tech rout
All three major U.S. stock indexes fell on Friday, capping off a down week for equities. The Nasdaq Composite slid 2.9% for the week, while the S&P 500 and the Dow Jones Industrial Average dropped 1.6% and 0.9%, respectively, snapping recent multi-week winning streaks for the broader benchmarks.
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Semiconductor sector declines sharpen over artificial intelligence spending doubts
The chipmaker selloff expanded as investors growingly question whether vast spending on the artificial intelligence buildout can justify lofty valuations. Sentiment was further pressured after Chinese startup Moonshot AI unveiled an advanced system that aims to narrow the gap with leading domestic offerings, accelerating pullbacks for industry giants like Nvidia.
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Insurance sector outperforms broader market on strong earnings reports
In contrast to the prevailing technology downturn, insurance providers notched strong performances following a major earnings beat from The Travelers Companies, which saw its stock jump 9%. The positive quarterly results spread across the sector, sparking gains for peers like Progressive and Allstate.
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Netflix shares tumble following disappointing third-quarter guidance
Shares of the video streaming pioneer dropped roughly 11% following the release of its quarterly forecast. The selloff was triggered by a conservative third-quarter growth warning, leading investors to reassess near-term forward momentum for the entertainment giant.
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