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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXY Discretionary | SIXY +1.11% arrow_upward | 2,224.32 | +24.35 arrow_upward | +1.11% arrow_upward | — | 2,199.97 | 2,216.78 | 2,236.73 | 2,216.45 | — | — |
SIXT Technology | SIXT +1.00% arrow_upward | 4,025.28 | +39.75 arrow_upward | +1.00% arrow_upward | — | 3,985.53 | 4,038.50 | 4,056.82 | 4,016.18 | — | — |
SIXI Industrials | SIXI +0.78% arrow_upward | 1,714.34 | +13.27 arrow_upward | +0.78% arrow_upward | — | 1,701.07 | 1,709.44 | 1,724.94 | 1,703.48 | — | — |
SIXB Materials | SIXB +0.67% arrow_upward | 1,038.96 | +6.96 arrow_upward | +0.67% arrow_upward | — | 1,032.00 | 1,034.87 | 1,049.02 | 1,034.87 | — | — |
SIXU Utilities | SIXU +0.37% arrow_upward | 806.70 | +2.99 arrow_upward | +0.37% arrow_upward | — | 803.71 | 805.29 | 813.77 | 804.02 | — | — |
US market summary
Weak September payrolls fuel Wall Street rally
U.S. stock indexes advanced as a substantially weaker-than-expected September jobs report mitigated immediate fears of another interest rate hike. Nonfarm payrolls increased by only 29,000, which dropped the market's implied probability of an October rate increase down to less than 20%. Following the economic data, the Nasdaq Composite led the gains with a 1.19% increase, while the S&P 500 and Dow Jones Industrial Average rose 0.73% and 0.49% respectively.
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Treasury yields hover near multi-decade highs despite cooling labor data
Even with soft employment metrics temporarily easing the Federal Reserve's tightening path, longer-dated bond yields stayed highly elevated. The 10-year U.S. Treasury note yield retreated slightly to 5.28% after spiking to a multi-decade high of 5.33%. Market participants continue to closely monitor bond movements ahead of the upcoming FOMC minutes and three scheduled Treasury auctions.
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Nvidia reaches record heights to spearhead technology sector
The tech sector provided substantial upward momentum for the broader equities market, heavily supported by AI-related hardware demand. Chipmaker Nvidia achieved a fresh all-time high following an encouraging analyst note from Morgan Stanley. The positive momentum in semiconductors was additionally sustained by blowout quarterly earnings and optimistic revenue guidance from memory supplier Micron Technology.
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G7 emergency stockpiles cushion crude oil against Middle East tensions
Crude oil benchmarks experienced downside pressure after G7 leaders agreed to immediately release 100 million barrels of diesel and crude from their strategic reserves. The collaborative international deployment helped stabilize energy markets and offset persisting geopolitically driven supply anxieties regarding the conflict with Iran. Following the decision, Brent crude prices eased back to approximately $101 to $102 per barrel.
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Daily losers
GDXD
MicroSectors Gold Miners 3X Inverse Leveraged ETN
$22.33
-3.17%
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BERZ
Bank of Montreal MicroSectors FANG & Innovation 3x Inverse Leveraged ETN
$16.30
-2.45%
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NAIL
Direxion Daily Homebuilders & Supplies Bull 3X ETF
$27.77
-2.39%
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FNGD
Bank of Montreal MicroSectors FANG Index 3X Inverse Leveraged ETN Exp 8 Jan 2038
$24.27
-2.22%
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