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Symbols
Symbols
Price
Change
% Change
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Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-2.61%
3,738.33
-100.26
-2.61%
3,838.593,772.443,787.043,735.58
SIXC
Communications
SIXC
Communications
SIXC
+2.28%
573.84
+12.79
+2.28%
561.05561.05579.64561.05
SIXM
Financials
SIXM
Financials
SIXM
+2.13%
675.90
+14.10
+2.13%
661.80663.33679.64663.19
SIXU
Utilities
SIXU
Utilities
SIXU
-1.30%
906.52
-11.98
-1.30%
918.50918.31918.31904.33
SIXI
Industrials
SIXI
Industrials
SIXI
-1.06%
1,849.64
-19.77
-1.06%
1,869.411,863.021,872.211,843.05
US market summary
Major U.S. indexes closed slightly lower on July 1, 2026, as a sharp retreat in semiconductor stocks weighed on the tech-heavy Nasdaq. Despite the modest daily decline, three out of five stocks in the S&P 500 rose, reflecting broader market resilience even as influential technology names pulled back from recent highs.
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Federal Reserve Chair Warsh signals caution amid cooling inflation
Fed Chairman Kevin Warsh indicated that while prices remain elevated, the risks of persistent inflation have begun to decrease. During a policy forum in Portugal, he maintained a commitment to a 2% inflation target while declining to offer specific forward guidance on potential interest rate hikes for the upcoming July meeting.
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Semiconductor selloff contrasts with Meta and Tesla rallies
Profit-taking hit chipmakers hard, with companies like Micron and Applied Materials seeing double-digit percentage drops. In contrast, Meta surged over 8% following plans for a new cloud business, while Tesla gained momentum ahead of its quarterly delivery report due on July 2.
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Treasury yields stabilize following softer manufacturing data
The yield on 10-year Treasury notes pulled back from recent highs to approximately 4.47% after reports showed U.S. manufacturing grew at a slower pace than expected. This data, combined with signs of cooling input costs, provided some relief to investors concerned about the need for more aggressive monetary tightening.
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