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arrow_downward Symbols arrow_downward Symbols | arrow_downward Price | arrow_downward Change | arrow_downward % Change | Trend | arrow_downward Prev Close | arrow_downward Open | arrow_downward High | arrow_downward Low | arrow_downward Volume | arrow_downward Mkt Cap | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXC Communications | SIXC +2.04% arrow_upward | 587.95 | +11.77 arrow_upward | +2.04% arrow_upward | — | 576.18 | 576.18 | 588.16 | 576.18 | — | — |
SIXRE Real estate | SIXRE +1.42% arrow_upward | 221.59 | +3.11 arrow_upward | +1.42% arrow_upward | — | 218.48 | 218.48 | 221.95 | 218.48 | — | — |
SIXR Staples | SIXR +1.06% arrow_upward | 868.00 | +9.11 arrow_upward | +1.06% arrow_upward | — | 858.89 | 861.44 | 870.21 | 861.44 | — | — |
SIXT Technology | SIXT +1.00% arrow_upward | 3,840.97 | +38.01 arrow_upward | +1.00% arrow_upward | — | 3,802.96 | 3,806.56 | 3,860.74 | 3,803.54 | — | — |
SIXM Financials | SIXM +0.58% arrow_upward | 717.44 | +4.15 arrow_upward | +0.58% arrow_upward | — | 713.29 | 715.34 | 718.20 | 711.49 | — | — |
US market summary
S&P 500 reaches new record high amid cooling inflation indicators
The S&P 500 crossed the 7,800 milestone to secure its 27th record-high close of the year. Investors responded favorably to a tame July producer price index report, which alongside recent consumer data, suggested wholesale inflation is continuing to moderate.
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Long-term Treasury yields jump to highest levels since 2001
Borrowing costs for the U.S. government spiked significantly following a weak auction of $25 billion in 30-year Treasury bonds. The yield on the long-duration notes advanced to 5.216%, highlighting underlying investor anxieties regarding persistent fiscal spending deficits and long-term national debt risks.
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Oil refiners and energy sector drive equity benchmarks higher
Traditional energy refiners like Marathon Petroleum and Valero Energy have paced some of the stock market's largest weekly gains, advancing 20% and 15% respectively. Geopolitical conflicts disrupting international oil corridors have caused refined fuel prices to climb at a faster rate than crude oil, sharply boosting industrial margins.
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Reddit stock surges on index inclusion announcement
Shares of the social media platform Reddit jumped over 12% in premarket trading following news that it will join the benchmark S&P 500 index. Scheduled to replace AvalonBay Communities on August 18, the inclusion is projected to prompt substantial share purchasing by tracking index funds.
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