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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXE
Energy
SIXE
Energy
SIXE
+1.45%
1,301.99
+18.67
+1.45%
—1,283.321,285.141,305.861,285.14——
SIXV
Health care
SIXV
Health care
SIXV
-0.60%
1,690.35
-10.27
-0.60%
—1,700.621,698.781,698.781,681.18——
SIXU
Utilities
SIXU
Utilities
SIXU
+0.55%
895.25
+4.88
+0.55%
—890.37890.61897.37889.32——
SIXB
Materials
SIXB
Materials
SIXB
+0.40%
1,115.22
+4.39
+0.40%
—1,110.831,113.291,117.391,110.38——
SIXT
Technology
SIXT
Technology
SIXT
-0.37%
3,826.69
-14.28
-0.37%
—3,840.973,847.623,852.623,811.14——
US market summary
The S&P 500 and Nasdaq Composite experienced slight declines on Friday, pulled down by weak economic indicators and a pullback in technology equities. Despite the daily dip, both benchmarks secured their third consecutive positive week, supported by favorable inflation reports earlier in the session.
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Unexpected decline in July retail sales signals consumer slowdown
Domestic retail spending recorded a surprising drop of 0.6% in July, falling well below economists' forecasts of a modest increase. This contraction marks a significant reversal from prior months and introduces concerns over the trajectory of economic growth amid lingering cost pressures.
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Subdued wholesale inflation data anchors expectations for Federal Reserve pause
The final demand Producer Price Index remained flat for July, tracking below consensus estimates of a minor uptick. The softening wholesale figures, paired with earlier consumer price data, have reinforced investor expectations that the Federal Reserve will hold interest rates steady at its upcoming meeting.
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Reddit shares jump on announcement of S&P 500 inclusion
Shares of the social media company surged between 13% and 15% following news of its scheduled addition to the benchmark index. Reddit will be replacing AvalonBay Communities in the S&P 500 structure, driving significant near-term trading volume.
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