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Price
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Mkt Cap
SIXC
Communications
SIXC
Communications
SIXC
-2.12%
559.64
-12.15
-2.12%
571.79571.79571.79556.62
SIXY
Discretionary
SIXY
Discretionary
SIXY
-1.77%
2,323.72
-41.78
-1.77%
2,365.502,349.062,363.962,322.78
SIXE
Energy
SIXE
Energy
SIXE
+1.33%
1,139.21
+14.90
+1.33%
1,124.311,126.101,139.951,120.11
SIXRE
Real estate
SIXRE
Real estate
SIXRE
+1.27%
216.79
+2.71
+1.27%
214.08214.08217.75214.01
SIXV
Health care
SIXV
Health care
SIXV
+0.87%
1,518.71
+13.11
+0.87%
1,505.601,509.461,524.131,508.72
US market summary
Large-cap technology stocks faced significant pressure today, leading to a 1.3% decline in the Nasdaq Composite. Alphabet shares dropped 5% following the departure of a high-profile AI researcher to a competitor, while SpaceX fell 16% to its lowest close ever after announcing a new bond offering.
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Middle East peace progress drives sharp decline in oil prices
U.S. crude oil settled below $74 a barrel, marking its lowest level since March, as negotiations between the U.S. and Iran showed encouraging progress toward a 60-day roadmap for peace. This geopolitical de-escalation eased concerns about energy supply disruptions through the Strait of Hormuz.
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Blue chip stocks buoy Dow Jones amid defensive shift
While tech-heavy indexes slid, the Dow Jones Industrial Average rose 0.3% as investors pivoted toward defensive blue-chip companies. Caterpillar led the advance with a nearly 4% gain, helping the index weather the broader market volatility.
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Semiconductor sector rallies ahead of critical Micron earnings
Micron Technology shares rose nearly 7% today in anticipation of its upcoming quarterly report, which is seen as a bellwether for global AI infrastructure spending. Other chipmakers like Intel and AMD also saw gains, bolstered by news of a strategic partnership between Intel and Apple.
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