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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
+5.41%
3,535.22
+181.35
+5.41%
3,353.873,473.523,544.423,470.27
SIXC
Communications
SIXC
Communications
SIXC
-3.08%
554.43
-17.60
-3.08%
572.03572.03572.03551.16
SIXR
Staples
SIXR
Staples
SIXR
-2.36%
861.52
-20.80
-2.36%
882.32873.76873.76858.79
SIXV
Health care
SIXV
Health care
SIXV
-1.75%
1,649.47
-29.32
-1.75%
1,678.791,665.511,665.511,635.41
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-1.61%
222.11
-3.63
-1.61%
225.74225.74226.49220.87
US market summary
Major U.S. stock indexes staged a powerful recovery after suffering sharp losses in the previous session. The tech-heavy Nasdaq Composite led the upward momentum by gaining over 2%, driven primarily by exceptional performance in semiconductor equities and a massive jump in Microsoft shares.
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Microsoft and Meta diverge sharply after quarterly financial disclosures
The fortunes of two prominent mega-cap technology companies moved in opposite directions following their respective earnings announcements. Microsoft shares skyrocketed up to 16% as its Azure cloud business crossed a critical milestone, while Meta Platforms experienced a steep decline of nearly 9% amid investor worries over artificial intelligence expenditures.
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Economic indicators report slower domestic growth and sticky inflation
Fresh government data showed the U.S. gross domestic product expanded at an annualized rate of 1.5% during the second quarter, coming in below economist estimates of 2.1%. Concurrently, the annual core Personal Consumption Expenditures price index landed at 3.3%, indicating that inflationary pressures remain well above the central bank's targets.
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Cryptocurrency markets stabilize as spot ETF monthly inflows plummet
Bitcoin and Ethereum saw mild price recoveries, with Bitcoin reclaiming levels around $64,800 following the Federal Reserve's recent interest rate hold. Despite the short-term stabilization, spot Bitcoin exchange-traded funds are on pace to record their lowest monthly net inflows ever, indicating muted organic demand from institutional investors.
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