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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-1.60%
3,738.36
-60.80
-1.60%
3,799.163,785.433,798.053,735.23
SIXC
Communications
SIXC
Communications
SIXC
+1.35%
590.07
+7.86
+1.35%
582.21582.21592.83582.21
SIXU
Utilities
SIXU
Utilities
SIXU
-1.14%
861.24
-9.97
-1.14%
871.21873.13874.22858.20
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.12%
2,368.04
+26.31
+1.12%
2,341.732,352.832,375.082,351.47
SIXI
Industrials
SIXI
Industrials
SIXI
-0.97%
1,784.25
-17.39
-0.97%
1,801.641,805.131,807.491,779.50
US market summary
Major U.S. stock indexes fell modestly on Friday following a speech by Federal Reserve Chairman Kevin Warsh at Jackson Hole, where he noted that the battle against high inflation remains incomplete. Despite the late-week losses driven by heightened expectations of a September interest rate hike, the Dow, S&P 500, and Nasdaq Composite all secured positive overall returns for the week.
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Tighter monetary policy expectations trigger cryptocurrency selloff
Digital assets experienced a sharp reversal at the end of the week as the Federal Reserve's hawkish stance cooled investor risk appetite. Bitcoin retreated below the $78,000 mark after touching highs above $81,000 earlier in the week, while Ethereum and the broader crypto market faced similar pressure from fading macroeconomic liquidity optimism.
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Corporate earnings deliver strong tech sector gains
Salesforce shares surged 22% over the week after delivering second-quarter adjusted earnings and revenue that outpaced Wall Street projections alongside a boosted fiscal 2027 forecast. Cybersecurity firm CrowdStrike similarly rallied 14% on the back of better-than-expected results and heightened demand for artificial intelligence security solutions.
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Solana governance passes landmark vote to accelerate disinflation
Solana network participants narrowly approved a dramatic governance proposal designed to double the annual reduction rate of new SOL token creation. While the token initially bounced on the news of a faster path to its long-term inflation floor, the gains ultimately vanished amid the broader digital asset selloff.
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