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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXV
Health care
SIXV
Health care
SIXV
+2.70%
1,657.90
+43.56
+2.70%
1,614.341,620.741,657.901,620.74
SIXT
Technology
SIXT
Technology
SIXT
-2.63%
3,640.12
-98.21
-2.63%
3,738.333,737.363,775.813,601.16
SIXU
Utilities
SIXU
Utilities
SIXU
+2.27%
927.06
+20.54
+2.27%
906.52909.62927.49909.62
SIXR
Staples
SIXR
Staples
SIXR
+2.07%
860.39
+17.46
+2.07%
842.93846.25861.20846.25
SIXB
Materials
SIXB
Materials
SIXB
+1.99%
1,105.39
+21.54
+1.99%
1,083.851,085.321,105.461,085.32
US market summary
The Dow Jones Industrial Average reached a new all-time intraday high today, climbing approximately 0.7% as investors pivoted toward defensive sectors like health care and financials. Conversely, the Nasdaq Composite fell over 1% due to a sharp pullback in semiconductor stocks, which had previously fueled the year's significant market gains. Key laggards included memory makers and AI hardware companies, with several major names experiencing double-digit percentage declines.
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Labor market cooling reduces federal rate hike expectations
U.S. nonfarm payroll data for June showed the addition of 57,000 jobs, significantly missing economist expectations of 100,000. This slower pace of hiring, combined with a dip in the unemployment rate to 4.2%, led markets to believe the Federal Reserve may pause future interest rate increases. Investors reacted by pushing Treasury yields lower, with the probability of a rate hike later this month dropping below 30%.
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Gold prices breach major threshold following disappointing jobs report
Spot gold prices surged over 2% today to break above $4,100 an ounce, hitting new highs as a reaction to weaker employment data and a softening dollar. The precious metal benefited from its status as a non-yielding asset as traders bet on a more dovish stance from the Federal Reserve. Silver also saw active trading, though futures slipped slightly to settle near $60 per ounce.
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Crypto assets rally as institutional optimism grows
Bitcoin rose more than 2% to move back above the $61,000 level, while Ethereum saw gains exceeding 5% in today's trading session. This upward movement followed the release of cooler-than-expected labor data, which eased broad inflation concerns and boosted risk-on sentiment across digital asset markets. Analysts noted that the crypto market showed resilience despite recent consolidation, with many major tokens seeing a positive breakout.
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