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Price
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Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
+3.08%
3,853.63
+115.02
+3.08%
3,738.613,823.543,863.533,812.59
SIXE
Energy
SIXE
Energy
SIXE
-1.69%
1,124.31
-19.27
-1.69%
1,143.581,137.641,137.641,113.91
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.51%
2,365.50
+35.08
+1.51%
2,330.422,343.432,374.422,332.21
SIXM
Financials
SIXM
Financials
SIXM
-0.91%
658.84
-6.03
-0.91%
664.87667.28670.86657.59
SIXV
Health care
SIXV
Health care
SIXV
-0.85%
1,505.60
-12.95
-0.85%
1,518.551,520.111,520.981,499.19
US market summary
Major U.S. stock indexes surged on June 18, 2026, as investors reacted positively to a landmark peace agreement between the United States and Iran. The deal, which aims to reopen the Strait of Hormuz to commercial traffic, helped the Nasdaq Composite lead gains with a 1.91% rise, while the S&P 500 and Dow Jones Industrial Average also finished in positive territory to cap off a winning week.
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Semiconductor stocks lead market recovery behind Intel and Apple partnership
The technology sector outperformed the broader market, driven by a 10.6% surge in Intel's stock following news of a domestic chip-design partnership with Apple. This collaboration, aimed at strengthening U.S.-based semiconductor production for artificial intelligence and mobile devices, fueled a 6% jump in the iShares Semiconductor ETF and significant gains for peers like Nvidia and Micron.
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Federal Reserve maintains rates under new leadership while signaling hawkish bias
In the first meeting led by new Chairman Kevin Warsh, the Federal Reserve held interest rates steady at 3.5% to 3.75% but adopted a more aggressive stance on inflation. Updated projections now suggest the possibility of a rate hike later in 2026, prompting a temporary shift in bond yields as the market prepares for a prolonged period of higher borrowing costs.
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Strong retail sales data underscores U.S. consumer resilience
May's retail sales figures exceeded economist forecasts, rising 0.9% as shoppers maintained spending momentum despite inflationary pressures and high gasoline prices. This robust consumer activity, supported by healthy labor markets and significant tax refunds, has led several financial institutions to upgrade their GDP growth estimates for the second quarter of 2026.
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