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Symbols
Symbols
Price
Change
% Change
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Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-2.61%
3,738.33
-100.26
-2.61%
3,838.593,772.443,787.043,735.58
SIXC
Communications
SIXC
Communications
SIXC
+2.28%
573.84
+12.79
+2.28%
561.05561.05579.64561.05
SIXM
Financials
SIXM
Financials
SIXM
+2.13%
675.90
+14.10
+2.13%
661.80663.33679.64663.19
SIXU
Utilities
SIXU
Utilities
SIXU
-1.30%
906.52
-11.98
-1.30%
918.50918.31918.31904.33
SIXI
Industrials
SIXI
Industrials
SIXI
-1.06%
1,849.64
-19.77
-1.06%
1,869.411,863.021,872.211,843.05
US market summary
U.S. equity markets began the third quarter with broad declines, as the Nasdaq Composite and S&P 500 fell 0.7% and 0.2%, respectively. Although the Dow Jones Industrial Average reached a new intraday record high, it ultimately finished the session slightly lower as early gains in tech and growth stocks faded.
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Semiconductor selloff drags on technology sector
High-flying chipmakers faced heavy profit-taking following a historic surge in the first half of the year. Shares of Micron Technology and Intel dropped more than 9%, leading a wider downturn in the Philadelphia Semiconductor index that overshadowed gains in other large-cap software and cloud services firms.
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Energy prices tumble amid Middle East diplomatic progress
Crude oil futures saw significant downward pressure as benchmark Brent crude dropped nearly 2% to settle around $71.57 a barrel. The decline was fueled by optimism surrounding indirect negotiations between the U.S. and Iran, which could lead to a more stable flow of shipping through the Strait of Hormuz.
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Bitcoin rebounds above sixty thousand threshold
The cryptocurrency market showed signs of recovery as Bitcoin climbed back above $60,000 following recent volatility. Easing concerns regarding aggressive interest rate hikes from the Federal Reserve helped improve risk sentiment, even as institutional demand remains under pressure following record monthly outflows from spot ETFs in June.
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