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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXC
Communications
SIXC
Communications
SIXC
+2.04%
587.95
+11.77
+2.04%
576.18576.18588.16576.18
SIXRE
Real estate
SIXRE
Real estate
SIXRE
+1.42%
221.59
+3.11
+1.42%
218.48218.48221.95218.48
SIXR
Staples
SIXR
Staples
SIXR
+1.06%
868.00
+9.11
+1.06%
858.89861.44870.21861.44
SIXT
Technology
SIXT
Technology
SIXT
+1.00%
3,840.97
+38.01
+1.00%
3,802.963,806.563,860.743,803.54
SIXM
Financials
SIXM
Financials
SIXM
+0.58%
717.44
+4.15
+0.58%
713.29715.34718.20711.49
US market summary
The S&P 500 closed at a new historic high after the July Producer Price Index indicated that wholesale inflation was flatter than anticipated. The flat reading alleviated investor concerns regarding near-term interest rate hikes, boosting major equity benchmarks and pulling down Treasury yields.
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Reddit stock climbs following planned addition to the S&P 500
Shares of Reddit surged significantly following an announcement by S&P Dow Jones Indices that the social media platform will officially join the benchmark index next week. Reddit is slated to replace AvalonBay Communities, which is currently undergoing an acquisition.
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Oil prices retreat amid ongoing geopolitical tensions
Brent crude and West Texas Intermediate futures both declined by more than 2% during recent trading sessions. The drop in energy costs comes as investors weigh a slump in overall global demand against the ongoing conflict involving the United States and Iran.
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Bitcoin experiences listless trading under macro and geopolitical pressure
The price of Bitcoin hovered in the low-$63,000 range, continuing a period of consolidation with weak trading volumes and strong resistance. Although tamer inflation reports provided slight relief, broader market sentiment remains constrained by ongoing geopolitical instability in the Middle East and the closure of the Strait of Hormuz.
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