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Price
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% Change
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Low
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Mkt Cap
SIXV
Health care
SIXV
Health care
SIXV
+2.70%
1,657.90
+43.56
+2.70%
—1,614.341,620.741,657.901,620.74——
SIXT
Technology
SIXT
Technology
SIXT
-2.63%
3,640.12
-98.21
-2.63%
—3,738.333,737.363,775.813,601.16——
SIXU
Utilities
SIXU
Utilities
SIXU
+2.27%
927.06
+20.54
+2.27%
—906.52909.62927.49909.62——
SIXR
Staples
SIXR
Staples
SIXR
+2.07%
860.39
+17.46
+2.07%
—842.93846.25861.20846.25——
SIXB
Materials
SIXB
Materials
SIXB
+1.99%
1,105.39
+21.54
+1.99%
—1,083.851,085.321,105.461,085.32——
US market summary
The Dow Jones Industrial Average reached a new all-time high of 52,900.07 during the holiday-shortened first week of July. While broader markets showed resilience, the technology sector experienced notable volatility as investors rotated out of high-flying AI stocks, leading to multi-day losses for the Nasdaq.
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Cooling labor market data reduces immediate interest rate hike fears
June employment figures showed the U.S. economy added just 57,000 to 98,000 jobs, significantly lower than earlier projections. This softening in hiring has led market participants to lower the probability of a Federal Reserve rate hike in September, as indicators suggest inflationary pressures may be easing.
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Treasury yields stabilize following mixed economic indicators
U.S. Treasury yields ended the trading week mixed, with the 10-year yield finishing near 4.45% and the 2-year yield slipping to 4.13%. The yield curve remains upward-sloping across most maturities, reflecting a cautious growth outlook and a shift in expectations regarding the Federal Reserve's long-term policy path.
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Bitcoin recovers above 62,000 dollars amid shifting macro sentiment
Cryptocurrency markets saw a relief rally following the release of weaker-than-expected U.S. economic data, which improved the outlook for risk assets. Bitcoin surged over 7% to reclaim the $62,000 level, ending a persistent slump that had marked its worst first-half performance in several years.
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