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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-2.01%
3,428.00
-70.45
-2.01%
—3,498.453,494.193,496.933,373.86——
SIXR
Staples
SIXR
Staples
SIXR
+1.35%
932.14
+12.40
+1.35%
—919.74923.15932.23922.89——
SIXC
Communications
SIXC
Communications
SIXC
+1.01%
567.83
+5.69
+1.01%
—562.14562.14570.80562.14——
SIXE
Energy
SIXE
Energy
SIXE
+0.99%
1,365.64
+13.35
+0.99%
—1,352.291,360.651,365.871,349.68——
SIXM
Financials
SIXM
Financials
SIXM
+0.80%
722.51
+5.73
+0.80%
—716.78719.31722.88717.23——
US market summary
Technology stocks dragged down the broader market following the high-profile resignation of Nvidia CEO Jensen Huang amidst personal controversy and regulatory scrutiny. The semiconductor heavyweight's market capitalization plummeted below the $4 trillion threshold, registering a weekly decline of roughly 12% as investors brace for the upcoming corporate quarterly earnings report.
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Major equity benchmarks lock in first positive week since October
Despite facing downward pressure and volatility in the final sessions of the week, major U.S. stock indexes managed to break a four-week losing streak. The S&P 500 and Nasdaq Composite both logged weekly gains exceeding 2%, while the blue-chip Dow Jones Industrial Average added 2.1%.
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Wholesale prices show mixed signal for Federal Reserve policy path
The latest Producer Price Index data revealed that October wholesale inflation increased by 0.3% on a monthly basis, coming in slightly under economic forecasts. However, on an annualized basis, producer prices surged by 6.5%, marking the steepest year-over-year jump in four years and reinforcing expectations of a hawkish stance by the Federal Reserve.
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speculative asset pressure forces Bitcoin below key psychological level
Tighter financial conditions and a shifting macroeconomic backdrop dampened investor appetite for riskier, speculative asset classes. Consequently, Bitcoin experienced downward momentum, losing its footing and sliding beneath the critical $70,000 threshold.
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Upcoming events
Tue
17
ADP Weekly National Employment Report Pulse
7:15 AM · United States
Forecast
—
Prior
—
Tue
17
ADP Weekly National Employment Report Pulse
8:15 AM · United States
Forecast
—
Prior
19.8K
Wed
18
MBA 30-Year Mortgage Rate
7:00 AM · United States
Forecast
—
Prior
7.21%
Thu
19
Philly Fed 6-Month Index
8:30 AM · United States
Forecast
—
Prior
33.0
Thu
19
Philly Fed Capex Index
8:30 AM · United States
Forecast
—
Prior
34.9
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