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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXE
Energy
SIXE
Energy
SIXE
+1.45%
1,301.99
+18.67
+1.45%
1,283.321,285.141,305.861,285.14
SIXV
Health care
SIXV
Health care
SIXV
-0.60%
1,690.35
-10.27
-0.60%
1,700.621,698.781,698.781,681.18
SIXU
Utilities
SIXU
Utilities
SIXU
+0.55%
895.25
+4.88
+0.55%
890.37890.61897.37889.32
SIXB
Materials
SIXB
Materials
SIXB
+0.40%
1,115.22
+4.39
+0.40%
1,110.831,113.291,117.391,110.38
SIXT
Technology
SIXT
Technology
SIXT
-0.37%
3,826.69
-14.28
-0.37%
3,840.973,847.623,852.623,811.14
US market summary
The S&P 500 and Nasdaq Composite secured their third consecutive week of gains, while the Dow Jones Industrial Average slid lower. Lower July consumer and producer price index readings initially boosted sentiment by easing worries over future Federal Reserve interest rate hikes. However, subsequent disappointing consumer confidence and retail sales statistics triggered late-week profit-taking that pulled the indexes back from potential record highs.
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Elevated expectations prompt selloff in artificial intelligence infrastructure stocks
Despite reporting a record-breaking fiscal quarter driven by robust global demand for artificial intelligence infrastructure, semiconductor supplier Applied Materials saw its stock price slide by over 5%. Analysts noted that high market expectations and lofty valuations triggered the correction, which subsequently pulled down other major chipmakers like Broadcom and Intel.
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Spot bitcoin exchange-traded funds experience notable institutional outflows
U.S.-listed spot Bitcoin exchange-traded funds recorded a net outflow of $389.7 million last week, reversing a massive streak of positive inflows from the previous week. The abrupt slowdown in institutional demand comes amid a broader stagnation in the cryptocurrency market, with Bitcoin hovering tightly around the low-$60,000 range.
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Geopolitical tension and shipping disruptions keep global crude oil markets volatile
Crude oil benchmarks remain highly volatile as intensifying hostilities between the United States and Iran dampen prospects for a regional peace agreement. Disruptions to tanker traffic flowing through the critical Strait of Hormuz have generated persistent supply concerns, keeping Brent crude hovering near $89 a barrel.
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