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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXI
Industrials
SIXI
Industrials
SIXI
+0.94%
1,720.13
+16.02
+0.94%
—1,704.111,706.231,725.681,706.23——
SIXC
Communications
SIXC
Communications
SIXC
-0.93%
591.11
-5.55
-0.93%
—596.66596.66596.66589.11——
SIXE
Energy
SIXE
Energy
SIXE
-0.91%
1,306.80
-12.02
-0.91%
—1,318.821,310.501,312.591,298.73——
SIXT
Technology
SIXT
Technology
SIXT
+0.79%
3,954.71
+30.99
+0.79%
—3,923.723,936.073,967.213,929.37——
SIXM
Financials
SIXM
Financials
SIXM
+0.53%
676.73
+3.60
+0.53%
—673.13673.79677.34670.42——
US market summary
Major equity indexes rebounded to finish higher for the week after experiencing substantial volatility. The S&P 500 snapped a two-week decline while the Dow Jones Industrial Average reversed its multi-week slide, heavily assisted by technology and communication services sectors along with strong corporate profit data.
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Treasury Yields Stabilize Off Historic Multi-Year Highs
The bond market faced major turbulence as the 10-year Treasury yield surged toward its highest mark since 2007. However, fixed-income pressures eased slightly late in the week as oil prices cooled, relieving immediate fears of a protracted macro sell-off.
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Geopolitical Negotiations Tame Extreme Volatility In Crude Prices
International benchmark Brent crude fell back under $98 per barrel following a spike caused by persistent Middle Eastern conflicts. The drop was sparked by indications that Washington and Tehran are exploring a phased arrangement to restore shipping traffic through the critical Strait of Hormuz.
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Consumer Confidence Slumps To Multi-Month Low Over Sticky Inflation Concerns
The University of Michigan Consumer Sentiment Index dropped to 48.1 for September, representing a four-month low. This drop underscores the ongoing toll that high domestic energy costs have taken on economic sentiment, accompanied by a notable uptick in consumer expectations for long-term inflation.
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