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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
+5.50%
3,538.50
+184.63
+5.50%
3,353.873,473.523,546.943,470.27
SIXC
Communications
SIXC
Communications
SIXC
-2.65%
556.87
-15.16
-2.65%
572.03572.03572.03551.16
SIXR
Staples
SIXR
Staples
SIXR
-2.14%
863.46
-18.86
-2.14%
882.32873.76873.76858.79
SIXV
Health care
SIXV
Health care
SIXV
-1.65%
1,651.10
-27.69
-1.65%
1,678.791,665.511,665.511,635.41
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-1.39%
222.60
-3.14
-1.39%
225.74225.74226.49220.87
US market summary
Major stock indexes reversed course from previous losses, fueled by robust financial reports from major technology enterprises. The tech-focused Nasdaq Composite jumped 2.8%, while the S&P 500 rose 1.7%, anchored by a surge of more than 15% in Microsoft shares following strong growth metrics for its Azure cloud infrastructure. Under the surface, however, the rally remained heavily consolidated in the tech sector, with the equal-weight S&P 500 closing in negative territory.
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Amazon and Apple post strong metrics as tech momentum continues after-hours
E-commerce giant Amazon posted strong quarterly revenue driven by resilient performance in its cloud-computing and AI segments, sending its shares up by more than 8% in extended trading. Meanwhile, Apple reported fiscal third-quarter results that surpassed expectations due to a 22% leap in iPhone sales, though its stock slipped slightly due to lower-than-anticipated service business revenues.
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Economic growth prints at 1.5 percent as inflation data cools
The United States economy recorded an annualized gross domestic product expansion rate of 1.5% for the second quarter, coming in below initial projections due to drops in government spending and private inventories. Despite the top-line deceleration, consumer spending remained firm, showing a 2.1% advance, while underlying core inflation for June settled at 3.3%, prompting investors to scale back expectations for imminent interest rate hikes.
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Gold surfaces above 4100 dollars following steady Federal Reserve stance
Precious metals experienced a significant boost as spot gold pushed past the $4,100 per troy ounce threshold to trade over 1% higher. The commodity capitalized on a weakening U.S. dollar and cooling macroeconomic indicators after the Federal Reserve opted to hold interest rates unchanged at its recent monetary policy meeting. Escalating tensions in the Middle East further elevated gold's safe-haven appeal among global investors.
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