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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXT Technology | SIXT -4.11% arrow_downward | 3,726.58 | -159.78 arrow_downward | -4.11% arrow_downward | — | 3,886.36 | 3,815.89 | 3,815.89 | 3,727.98 | — | — |
SIXR Staples | SIXR +1.72% arrow_upward | 840.98 | +14.18 arrow_upward | +1.72% arrow_upward | — | 826.80 | 827.96 | 840.68 | 827.96 | — | — |
SIXV Health care | SIXV +1.70% arrow_upward | 1,559.33 | +26.03 arrow_upward | +1.70% arrow_upward | — | 1,533.30 | 1,536.05 | 1,560.14 | 1,536.05 | — | — |
SIXB Materials | SIXB -0.99% arrow_downward | 1,082.70 | -10.80 arrow_downward | -0.99% arrow_downward | — | 1,093.50 | 1,091.59 | 1,093.93 | 1,083.03 | — | — |
SIXU Utilities | SIXU +0.99% arrow_upward | 895.48 | +8.75 arrow_upward | +0.99% arrow_upward | — | 886.73 | 885.72 | 896.18 | 885.72 | — | — |
US market summary
Strong employment data triggers major tech selloff
U.S. equity markets faced significant downward pressure today as nonfarm payrolls for May nearly doubled economist expectations with 172,000 jobs added. The robust labor market data fueled concerns over persistent inflation, leading to a 1.4% decline in the tech-heavy Nasdaq and a 0.7% drop in the S&P 500 as investors repriced the likelihood of near-term monetary easing.
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Treasury yields surge to multi-month highs
Bond yields spiked sharply following the Labor Department's report, with the 10-year Treasury yield jumping past 4.53%, its highest level since mid-May. Short-term rates, particularly the 2-year Treasury yield, climbed to 4.15% as traders increased their bets on a potential Federal Reserve interest rate hike before the end of 2026.
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AI sector momentum stalls on disappointing guidance
The artificial intelligence rally experienced a setback today after chipmaker Broadcom provided disappointing forward-looking guidance, causing its shares to tumble over 12%. This weakness spread across the semiconductor industry, dragging down heavyweights such as Nvidia and Micron and signaling a possible rotation out of high-growth tech stocks.
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Cryptocurrency market faces deep institutional liquidations
Digital assets saw a sharp downturn today, with Bitcoin plunging more than 6% to reach multi-week lows near $65,700. Market analysts pointed to significant exchange-traded fund outflows and a broader deleveraging event as investors shifted away from speculative risk assets in response to evolving macroeconomic tensions.
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