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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXI
Industrials
SIXI
Industrials
SIXI
+2.96%
1,872.33
+53.91
+2.96%
1,818.421,831.951,873.391,831.95
SIXV
Health care
SIXV
Health care
SIXV
+2.25%
1,586.52
+34.89
+2.25%
1,551.631,552.951,587.211,552.95
SIXB
Materials
SIXB
Materials
SIXB
+1.94%
1,108.77
+21.12
+1.94%
1,087.651,090.091,108.771,090.09
SIXM
Financials
SIXM
Financials
SIXM
+1.72%
674.17
+11.43
+1.72%
662.74663.79674.43663.79
SIXE
Energy
SIXE
Energy
SIXE
+0.89%
1,137.63
+10.01
+0.89%
1,127.621,120.951,137.961,117.15
US market summary
Strong fiscal third-quarter results from Micron Technology have provided a significant boost to the semiconductor industry, with the stock surging nearly 20% in early trading. The memory chipmaker reported a massive revenue increase and provided bullish guidance, reassuring investors that capital spending on AI infrastructure remains robust despite recent valuation concerns.
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Inflation data maintains pressure on Federal Reserve policy
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index, rose to an annual rate of 4.1% in May, up from 3.8% in April. While the headline figure was driven higher by energy costs, core inflation remained more stable at 3.4%, leaving markets weighing the possibility of a final interest rate hike later this year.
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Gold and Bitcoin tumble as safe havens lose ground
Gold prices broke below the psychological $4,000 threshold for the first time since late 2023, entering bear market territory as a stronger U.S. dollar and easing geopolitical tensions reduced demand. Simultaneously, Bitcoin fell below $60,000 amid heavy ETF outflows and a rotation of capital into traditional high-growth technology equities.
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Oil prices hit post-war lows as Strait of Hormuz supply stabilizes
WTI and Brent crude oil prices dropped to their lowest levels since the start of regional conflicts, with Brent falling toward $73 a barrel. The decline followed reports that oil flows through the Strait of Hormuz have returned to normal levels, significantly easing global energy supply fears and helping to lower treasury yields.
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