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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.11%
2,224.32
+24.35
+1.11%
—2,199.972,216.782,236.732,216.45——
SIXT
Technology
SIXT
Technology
SIXT
+1.00%
4,025.28
+39.75
+1.00%
—3,985.534,038.504,056.824,016.18——
SIXI
Industrials
SIXI
Industrials
SIXI
+0.78%
1,714.34
+13.27
+0.78%
—1,701.071,709.441,724.941,703.48——
SIXB
Materials
SIXB
Materials
SIXB
+0.67%
1,038.96
+6.96
+0.67%
—1,032.001,034.871,049.021,034.87——
SIXU
Utilities
SIXU
Utilities
SIXU
+0.37%
806.70
+2.99
+0.37%
—803.71805.29813.77804.02——
US market summary
Major U.S. stock indexes advanced on Friday as investors analyzed a weaker-than-expected nonfarm payrolls report for September. The economy added only 29,000 jobs, falling far short of economist forecasts and pushing the unemployment rate up to 4.2%. This signs of labor market cooling led traders to believe that the Federal Reserve will likely hold interest rates steady at its upcoming October policy meeting.
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Tech leadership pushes Nasdaq to record territory despite mixed weekly performance
The tech-heavy Nasdaq Composite outperformed other broad market indicators, gaining 1.2% on Friday and recording its third consecutive weekly rise. Conversely, the Dow Jones Industrial Average and S&P 500 closed the week lower despite their Friday gains. Tech behemoth Nvidia led the charge, briefly reaching an all-time high intraday and bringing its total market capitalization near $6 trillion.
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Cryptocurrencies demonstrate resilience as Bitcoin clears major threshold
Digital assets showed positive momentum at the end of the week, capitalizing on improved risk appetite and falling Treasury yields following the soft U.S. employment data. Bitcoin rallied past the $86,000 mark on Friday, while Ethereum successfully reclaimed the $2,700 level. The upward movement was further supported by Citigroup upgrading its 12-month price forecast for Bitcoin to $113,000.
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Treasury yields ease from multi-decade highs following weak job growth
U.S. government bond yields retraced downward immediately after the Bureau of Labor Statistics reported sluggish hiring numbers. The 10-year Treasury yield softened toward 5.16% after recently touching a 24-year high. Easing fixed-income yields minimized fears of imminent interest rate hikes and helped inject early liquidity back into riskier equity assets.
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