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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
+5.50%
3,538.50
+184.63
+5.50%
3,353.873,473.523,546.943,470.27
SIXC
Communications
SIXC
Communications
SIXC
-2.65%
556.87
-15.16
-2.65%
572.03572.03572.03551.16
SIXR
Staples
SIXR
Staples
SIXR
-2.14%
863.46
-18.86
-2.14%
882.32873.76873.76858.79
SIXV
Health care
SIXV
Health care
SIXV
-1.65%
1,651.10
-27.69
-1.65%
1,678.791,665.511,665.511,635.41
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-1.39%
222.60
-3.14
-1.39%
225.74225.74226.49220.87
US market summary
Major stock indexes mounted a robust recovery following the prior day's plunge triggered by the Federal Reserve's decision to hold interest rates steady. The tech-focused Nasdaq Composite led the upward move with a 2.8% gain, while the benchmark S&P 500 and blue-chip Dow Jones Industrial Average finished 1.7% and 1.2% higher respectively.
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Microsoft records historic single-day market cap gain
Shares of the software heavyweight soared roughly 15.5% after posting stronger-than-expected growth in its Azure cloud computing business. The surge added roughly $449.7 billion to the company's valuation, marking the largest daily market value gain for any American corporation on record.
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Tech-driven rally masks broader market weakness
Despite impressive top-line gains for the major market benchmarks, the market's recovery was heavily concentrated in the information technology sector, which surged over 5%. Under the surface, a majority of the S&P 500's underlying components and individual sectors finished the session in negative territory.
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Amazon beats second-quarter expectations on cloud strength
The e-commerce and cloud computing giant experienced an after-hours stock jump of more than 8% following its quarterly earnings release. The company's better-than-expected revenue was propelled by robust demand for its artificial intelligence cloud services, bolstering broader investor confidence in corporate tech spending.
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