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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXE
Energy
SIXE
Energy
SIXE
-2.11%
1,205.14
-26.00
-2.11%
1,231.141,233.921,237.061,203.47
SIXV
Health care
SIXV
Health care
SIXV
+1.34%
1,658.73
+21.88
+1.34%
1,636.851,635.521,670.051,635.52
SIXB
Materials
SIXB
Materials
SIXB
+1.20%
1,118.45
+13.30
+1.20%
1,105.151,112.561,125.111,112.56
SIXC
Communications
SIXC
Communications
SIXC
-1.05%
579.08
-6.14
-1.05%
585.22585.22589.50574.23
SIXU
Utilities
SIXU
Utilities
SIXU
-1.01%
883.81
-8.98
-1.01%
892.79892.85892.86876.43
US market summary
The Dow Jones Industrial Average reached a new all-time closing high, finishing positive for its fifth consecutive session. Conversely, the tech-heavy Nasdaq Composite and the broader S&P 500 snapped four-day winning streaks as a rotation away from major artificial intelligence companies pulled the indexes lower.
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Artificial intelligence spending fatigue hits hardware suppliers
Despite reporting quarterly revenue outlooks that topped Wall Street estimates, memory and data storage manufacturers Western Digital and SanDisk experienced double-digit percentage drops in trading. Investors have grown increasingly cautious over lofty tech valuations and high capital investment requirements, leading to sharp selloffs in the hardware sector.
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SpaceX insider selling restrictions expire amid heavy AI infrastructure costs
Over 900 million shares of Elon Musk's SpaceX became eligible for public trading as an initial post-IPO lockup period came to a close. Despite narrowing its operating losses and doubling revenue, the aerospace firm's stock faced downward pressure from investor anxiety regarding sustained capital expenditure on data centers.
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Diplomatic progress in Middle East provides macroeconomic cushion
Financial markets found underlying support following a tentative draft agreement between Iran and Oman to reopen the crucial Strait of Hormuz. Optimism regarding an impending peace deal helped lift broader risk assets and stabilize energy prices globally.
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