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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXI Industrials | SIXI +2.96% arrow_upward | 1,872.28 | +53.86 arrow_upward | +2.96% arrow_upward | — | 1,818.42 | 1,831.95 | 1,876.77 | 1,831.95 | — | — |
SIXV Health care | SIXV +2.44% arrow_upward | 1,589.44 | +37.81 arrow_upward | +2.44% arrow_upward | — | 1,551.63 | 1,552.95 | 1,590.62 | 1,552.95 | — | — |
SIXB Materials | SIXB +1.88% arrow_upward | 1,108.06 | +20.41 arrow_upward | +1.88% arrow_upward | — | 1,087.65 | 1,090.09 | 1,109.16 | 1,090.09 | — | — |
SIXM Financials | SIXM +1.42% arrow_upward | 672.18 | +9.44 arrow_upward | +1.42% arrow_upward | — | 662.74 | 663.79 | 674.75 | 663.79 | — | — |
SIXU Utilities | SIXU +0.62% arrow_upward | 928.90 | +5.72 arrow_upward | +0.62% arrow_upward | — | 923.18 | 925.84 | 935.40 | 925.84 | — | — |
US market summary
Micron earnings reignite optimism in artificial intelligence sector
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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From sources across the web
Yahoo Finance
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1 hour ago
Stock market today: Dow, S&P 500, Nasdaq rise as Micron eases AI fears, PCE comes in hot
Seeking Alpha
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1 hour ago
U.S. stocks mixed despite positive Micron's 3Q results, in-line inflation (DJI:)
GlobeNewswire
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1 hour ago
Triller Group (Nasdaq: ILLR): The Reverse Split Is Not the
The Jerusalem Post
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1 hour ago
Alphabet takes its place in the Dow Jones industrial average
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