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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-6.65%
3,627.73
-258.63
-6.65%
3,886.363,815.893,815.893,620.51
SIXY
Discretionary
SIXY
Discretionary
SIXY
-2.03%
2,318.00
-48.08
-2.03%
2,366.082,368.372,383.082,312.31
SIXB
Materials
SIXB
Materials
SIXB
-1.89%
1,072.78
-20.72
-1.89%
1,093.501,091.591,093.931,069.98
SIXE
Energy
SIXE
Energy
SIXE
-1.86%
1,206.57
-22.92
-1.86%
1,229.491,228.851,229.941,206.03
SIXR
Staples
SIXR
Staples
SIXR
+1.64%
840.38
+13.58
+1.64%
826.80827.96849.83827.96
US market summary
U.S. stock indexes fell sharply following a stronger-than-expected May jobs report that added 172,000 positions. The resilient labor data has shifted market sentiment, fueling expectations that the Federal Reserve may hike interest rates sooner than previously anticipated to combat persistent inflation.
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Semiconductor slide erases substantial market capitalization
A significant downturn in the technology sector saw the Nasdaq Composite plunge over 4%, marking its worst day since early 2025. Major AI-related stocks, including Nvidia and Micron Technology, experienced steep declines as investors reassessed lofty valuations following Broadcom's latest guidance.
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Bond yields climb on revised interest rate expectations
Treasury yields surged as the 10-year note reached approximately 4.55% in response to the latest economic data. The CME FedWatch Tool now reflects a significant increase in the probability of a rate hike by year-end, jumping to over 72% from roughly 50% just a day prior.
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Cryptocurrency market faces extreme fear and heavy liquidations
Digital assets experienced a turbulent week with Bitcoin dropping roughly 15% and nearly $1.8 billion in levered positions being liquidated. Market indicators have shifted into the "extreme fear" zone as capital rotates away from crypto toward upcoming major tech initial public offerings and traditional AI equities.
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