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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXM Financials | SIXM +0.69% arrow_upward | 632.49 | +4.32 arrow_upward | +0.69% arrow_upward | — | 628.17 | 629.38 | 633.75 | 629.38 | — | — |
SIXC Communications | SIXC +0.50% arrow_upward | 613.33 | +3.04 arrow_upward | +0.50% arrow_upward | — | 610.29 | 610.29 | 614.07 | 610.29 | — | — |
SIXB Materials | SIXB -0.49% arrow_downward | 1,100.99 | -5.37 arrow_downward | -0.49% arrow_downward | — | 1,106.36 | 1,105.68 | 1,109.29 | 1,102.21 | — | — |
SIXT Technology | SIXT +0.47% arrow_upward | 3,578.67 | +16.73 arrow_upward | +0.47% arrow_upward | — | 3,561.94 | 3,571.44 | 3,577.65 | 3,562.15 | — | — |
SIXY Discretionary | SIXY +0.40% arrow_upward | 2,409.51 | +9.56 arrow_upward | +0.40% arrow_upward | — | 2,399.95 | 2,404.45 | 2,412.72 | 2,404.45 | — | — |
US market summary
S&P 500 and Nasdaq reach record levels amid tech rally
The S&P 500 and Nasdaq Composite closed at new all-time highs on May 13, 2026, driven by significant gains in the technology sector. While the Nasdaq advanced 1.2% to reach a record 26,402.34, the blue-chip Dow Jones Industrial Average slightly declined as investors balanced optimism in AI with broader economic concerns.
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High-stakes US-China summit begins in Beijing
President Donald Trump and Chinese leader Xi Jinping commenced a critical two-day summit in Beijing to address volatile trade relations, tariffs, and artificial intelligence policies. The meeting features a delegation of prominent American CEOs, including the leaders of Nvidia, Tesla, and Apple, as markets watch for potential shifts in global chip sales and trade barriers.
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Wholesale inflation surge complicates Federal Reserve policy
The Producer Price Index rose 1.4% in April, far exceeding market expectations and marking the highest monthly gain since early 2022. This hotter-than-expected data, largely fueled by an energy shock from the ongoing Iran war, has tempered hopes for imminent interest rate cuts and suggests persistent inflationary pressure in the supply chain.
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Kevin Warsh confirmed as new Federal Reserve Chairman
The U.S. Senate confirmed Kevin Warsh as the next Chairman of the Federal Reserve in a divisive 54-45 party-line vote. Warsh officially takes the helm on May 14, 2026, succeeding Jerome Powell at a time when the central bank faces intense political pressure to lower interest rates despite rising inflation and geopolitical instability.
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