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Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
+2.89%
3,846.54
+107.93
+2.89%
—3,738.613,823.543,856.133,812.59——
SIXE
Energy
SIXE
Energy
SIXE
-1.71%
1,124.04
-19.54
-1.71%
—1,143.581,137.641,137.641,113.91——
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.04%
2,354.59
+24.17
+1.04%
—2,330.422,343.432,374.422,332.21——
SIXV
Health care
SIXV
Health care
SIXV
-0.88%
1,505.15
-13.40
-0.88%
—1,518.551,520.111,520.981,499.19——
SIXM
Financials
SIXM
Financials
SIXM
-0.82%
659.40
-5.47
-0.82%
—664.87667.28670.86659.30——
US market summary
U.S. equity indexes bounced back on Thursday as news of an interim peace agreement between the United States and Iran bolstered investor sentiment. The Nasdaq Composite led the gains with a rise of over 1.4%, while the S&P 500 and Dow Jones Industrial Average also moved into positive territory, erasing much of the losses triggered by a hawkish Federal Reserve meeting a day earlier.
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Federal Reserve signals hawkish shift under new leadership
In his debut meeting as Fed Chair, Kevin Warsh oversaw a policy decision that held interest rates steady at 3.5%–3.75% but adopted a notably more aggressive tone. The updated dot plot projections revealed that half of the FOMC members now anticipate at least one interest rate hike before the end of 2026, driven by persistent inflationary concerns.
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Semiconductor stocks surge following Apple and Intel partnership
The technology sector outperformed the broader market today, catalyzed by reports of a major chip-manufacturing partnership between Intel and Apple. Intel's stock price jumped approximately 10% on the news, lifting the iShares Semiconductor ETF and other major chipmakers like Nvidia and Micron as investors anticipate increased domestic production.
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Energy prices tumble as Strait of Hormuz tensions ease
Global oil prices fell sharply following the U.S.-Iran agreement, which aims to reopen the critical Strait of Hormuz shipping lane. Brent crude slipped below $79 per barrel and West Texas Intermediate dropped more than 3%, leading to a decline in major energy stocks like ExxonMobil and Chevron as the market unwound the geopolitical risk premium.
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