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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXB
Materials
SIXB
Materials
SIXB
-0.97%
1,063.46
-10.43
-0.97%
—1,073.891,073.091,073.091,062.92——
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-0.83%
208.14
-1.74
-0.83%
—209.88209.88209.88208.14——
SIXU
Utilities
SIXU
Utilities
SIXU
-0.73%
832.90
-6.09
-0.73%
—838.99837.61837.61831.45——
SIXR
Staples
SIXR
Staples
SIXR
-0.62%
835.19
-5.19
-0.62%
—840.38839.13839.13834.79——
SIXV
Health care
SIXV
Health care
SIXV
-0.35%
1,695.81
-5.98
-0.35%
—1,701.791,701.141,701.141,694.38——
US market summary
U.S. equities rebounded sharply after the Federal Reserve executed a widely anticipated interest rate hike. Major benchmarks broke a multi-day losing streak as concerns over an excessively restrictive central bank trajectory softened, allowing the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite to post notable single-session gains.
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Tech and semiconductor equities lead market recovery
The technology sector spearheaded the broader market turnaround as equity gains accelerated. Supported by strong corporate fundamentals and a stabilizing artificial intelligence narrative, semiconductor and hardware shares surged, providing a vital cushion for domestic and regional growth benchmarks.
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Crude oil pullbacks help cool persistent inflation worries
Global energy markets experienced a reprieve as Brent and WTI crude oil prices dropped from recent highs. The drop in energy costs acted as a major catalyst for the equity market rally by alleviating short-term inflationary anxieties and easing pressures within the bond markets.
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Bond yields retract slightly from recent multi-decade peaks
Treasury yields stabilized and edged lower, with the 10-year U.S. Treasury note hovering near the 4.94% mark. The subtle reduction in fixed-income yields relieved pressure on broader equity valuations and served as a shock absorber for risk assets following the central bank's policy decision.
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