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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXY Discretionary | SIXY -1.63% arrow_downward | 2,312.83 | -38.21 arrow_downward | -1.63% arrow_downward | — | 2,351.04 | 2,329.31 | 2,335.29 | 2,310.71 | — | — |
SIXC Communications | SIXC -1.27% arrow_downward | 584.57 | -7.53 arrow_downward | -1.27% arrow_downward | — | 592.10 | 592.10 | 592.10 | 584.43 | — | — |
SIXM Financials | SIXM -0.94% arrow_downward | 713.83 | -6.77 arrow_downward | -0.94% arrow_downward | — | 720.60 | 717.95 | 717.95 | 712.78 | — | — |
SIXV Health care | SIXV -0.92% arrow_downward | 1,732.90 | -16.03 arrow_downward | -0.92% arrow_downward | — | 1,748.93 | 1,745.21 | 1,745.21 | 1,728.25 | — | — |
SIXE Energy | SIXE -0.76% arrow_downward | 1,343.57 | -10.33 arrow_downward | -0.76% arrow_downward | — | 1,353.90 | 1,349.51 | 1,349.51 | 1,328.18 | — | — |
US market summary
Stronger-Than-Expected August Jobs Report Dampens Equity Markets
U.S. equity markets drifted lower following a surprisingly robust nonfarm payrolls report for August. The economy added 162,000 jobs, handily beating the consensus forecast of 55,000. This hot data instantly re-ignited fears that the Federal Reserve may push forward with an interest rate hike at its upcoming September policy meeting.
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Fed Official Hints at Possible September Rate Pause
Prior to the release of the August labor report, Federal Reserve Governor Christopher Waller indicated his preference to keep interest rates steady during the central bank's next policy meeting. Waller mentioned he is prepared to support holding the benchmark rate unchanged provided that upcoming inflation data does not reveal any unexpected spikes.
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Escalating Geopolitical Tensions Propel Oil Toward Multi-Month Weekly Gains
Crude oil benchmarks hovered near key levels, setting up both Brent and West Texas Intermediate for their steepest weekly gains since mid-July. Heightened anxieties over Middle East supply networks were heavily amplified by renewed clashes and intensifying military exchanges between the United States and Iran.
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Lululemon Shares Plunge Following Trimming of Annual Revenue Outlook
Shares of Lululemon plummeted approximately 20% in early trading after the athletic apparel retailer downgraded its full-year guidance. The company lowered its anticipated annual revenue range to between $10.35 billion and $10.5 billion, down from its prior projection of $11 billion to $11.15 billion, citing weak product reception and social media headwinds.
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