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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXE Energy | SIXE +1.45% arrow_upward | 1,301.99 | +18.67 arrow_upward | +1.45% arrow_upward | — | 1,283.32 | 1,285.14 | 1,305.86 | 1,285.14 | — | — |
SIXV Health care | SIXV -0.60% arrow_downward | 1,690.35 | -10.27 arrow_downward | -0.60% arrow_downward | — | 1,700.62 | 1,698.78 | 1,698.78 | 1,681.18 | — | — |
SIXU Utilities | SIXU +0.55% arrow_upward | 895.25 | +4.88 arrow_upward | +0.55% arrow_upward | — | 890.37 | 890.61 | 897.37 | 889.32 | — | — |
SIXB Materials | SIXB +0.40% arrow_upward | 1,115.22 | +4.39 arrow_upward | +0.40% arrow_upward | — | 1,110.83 | 1,113.29 | 1,117.39 | 1,110.38 | — | — |
SIXT Technology | SIXT -0.37% arrow_downward | 3,826.69 | -14.28 arrow_downward | -0.37% arrow_downward | — | 3,840.97 | 3,847.62 | 3,852.62 | 3,811.14 | — | — |
US market summary
Major indexes ease from record highs on soft consumer sentiment
Wall Street pulled back on Friday as investors digested disappointing economic indicators. A dip in July retail sales paired with a drop in the University of Michigan's consumer sentiment index raised fresh concerns about the health of private spending, checking the momentum of recent record-breaking sessions.
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S&P 500 and Nasdaq secure third straight week of gains
Despite the mild contraction to wrap up Friday's session, both the S&P 500 and the Nasdaq Composite managed to record their third consecutive winning week. Optimism earlier in the week was largely fueled by encouraging inflation data, which mitigated immediate fears of aggressive interest rate hikes.
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Tech and chip sectors suffer under valuation weights
Semiconductor and hardware stocks dragged down the tech heavy benchmarks on Friday as profit-taking emerged. Broadcom fell nearly six percent, and Applied Materials slid despite exceeding quarterly forecasts, illustrating heightened investor sensitivity to lofty artificial intelligence valuations.
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Reddit shares skyrocket following S&P 500 inclusion news
Shares of the social media company surged by double digits at the end of the week. The rally followed an announcement from S&P Dow Jones Indices that the stock is scheduled to join the benchmark index prior to the opening bell on August 18.
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