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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXC
Communications
SIXC
Communications
SIXC
-1.88%
578.86
-11.11
-1.88%
589.97589.97589.97578.06
SIXR
Staples
SIXR
Staples
SIXR
-1.61%
854.64
-13.98
-1.61%
868.62863.94863.94853.82
SIXY
Discretionary
SIXY
Discretionary
SIXY
-1.26%
2,358.47
-30.05
-1.26%
2,388.522,385.592,385.592,353.99
SIXM
Financials
SIXM
Financials
SIXM
-1.04%
708.99
-7.47
-1.04%
716.46715.81717.47708.88
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-1.00%
220.07
-2.22
-1.00%
222.29222.29222.29219.69
US market summary
Major U.S. stock indices ended the session lower, stepping back slightly from recent all-time highs. The S&P 500 and Dow Jones Industrial Average both dropped roughly 0.5%, while the tech-heavy Nasdaq Composite slid about 0.3%. Cautious trading persisted as a jump in crude oil prices placed renewed pressure on inflation outlooks.
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Middle East tensions propel crude prices higher
Energy markets saw notable gains after Brent crude climbed above $90 a barrel and WTI rose past $82 a barrel. The commodity surge followed fading expectations for a quick diplomatic resolution between the United States and Iran regarding the reopening of the crucial Strait of Hormuz waterway.
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Treasury yields advance to multi-year milestones
A widespread sell-off in the fixed-income market pulled bond prices lower and pushed yields significantly upward. The 30-year Treasury yield surged to 5.31%, marking its highest closing level since June 2007. Meanwhile, the benchmark 10-year Treasury yield also climbed to settle around the 4.72% mark.
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Memory chipmakers defy broader market downturn
Despite widespread losses across most sectors of the S&P 500, semiconductor companies specializing in memory hardware showed robust gains. The Roundhill Memory ETF advanced by over 5%, fueled by individual rallies from prominent industry players including Sandisk and Western Digital.
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