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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
+1.79%
3,794.07
+66.63
+1.79%
3,727.443,758.273,796.383,758.27
SIXC
Communications
SIXC
Communications
SIXC
+1.24%
589.11
+7.21
+1.24%
581.90581.90589.97581.90
SIXI
Industrials
SIXI
Industrials
SIXI
+1.04%
1,734.77
+17.90
+1.04%
1,716.871,722.311,739.201,722.31
SIXY
Discretionary
SIXY
Discretionary
SIXY
+0.85%
2,278.72
+19.14
+0.85%
2,259.582,270.912,283.332,270.91
SIXRE
Real estate
SIXRE
Real estate
SIXRE
+0.77%
212.61
+1.62
+0.77%
210.99210.99213.23210.99
US market summary
Major U.S. stock indexes climbed to snap a four-day losing streak after August's Consumer Price Index report matched expectations with a 3.4% annual increase. Although core inflation remains stubbornly above the Federal Reserve's target, investors reacted positively to the predictable data alongside a minor retreat in long-term Treasury yields.
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Energy markets ease after international standard pulls back from recent highs
Crude oil futures experienced a downward correction following a heavy surge earlier in the week driven by escalating geopolitical tensions in West Asia. Brent crude dropped roughly 3% to settle around $104 per barrel after the International Energy Agency downwardly revised its global oil demand forecast for the year.
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Oracle leads technology sector gains on blockbuster cloud earnings
Shares of enterprise software giant Oracle jumped following a quarterly earnings report that handily beat consensus revenue and profit expectations. The strong performance was primarily driven by a massive expansion in its artificial intelligence cloud infrastructure segment, reassuring investors of immediate returns on high-scale tech investments.
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Interest rate concerns keep a lid on cryptocurrency and precious metal gains
Digital assets and gold faced notable downside volatility, with Bitcoin slipping below the $77,000 threshold and Ethereum hovering near $2,500. The asset classes have struggled to serve as traditional inflation hedges because sticky core consumer pricing has driven market expectations of an impending Federal Reserve interest rate hike.
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