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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXRE Real estate | SIXRE +1.90% arrow_upward | 204.54 | +3.82 arrow_upward | +1.90% arrow_upward | — | 200.72 | 200.72 | 204.90 | 200.72 | — | — |
SIXC Communications | SIXC -1.59% arrow_downward | 576.72 | -9.32 arrow_downward | -1.59% arrow_downward | — | 586.04 | 586.04 | 586.04 | 576.54 | — | — |
SIXV Health care | SIXV +1.58% arrow_upward | 1,727.75 | +26.90 arrow_upward | +1.58% arrow_upward | — | 1,700.85 | 1,701.39 | 1,729.73 | 1,696.31 | — | — |
SIXY Discretionary | SIXY +1.05% arrow_upward | 2,281.61 | +23.60 arrow_upward | +1.05% arrow_upward | — | 2,258.01 | 2,269.80 | 2,284.12 | 2,269.17 | — | — |
SIXM Financials | SIXM +0.91% arrow_upward | 674.91 | +6.06 arrow_upward | +0.91% arrow_upward | — | 668.85 | 669.02 | 675.90 | 668.77 | — | — |
US market summary
Wall Street finishes volatile week with broad-based gains
Major U.S. stock indexes rebounded on Friday to cap off a highly volatile trading week with positive performance. The Dow Jones Industrial Average rose 0.83%, while the S&P 500 and the Nasdaq Composite each advanced about 0.6%, shrugging off a sharp tech-led selloff from the previous session.
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Geopolitical remarks and supply agreements stabilize crude prices
Oil prices dipped slightly but remained elevated following a statement that no military action would be taken against Iran before the upcoming midterm elections. Additionally, a newly announced deal to procure diesel from Russia helped ease immediate supply constraints, keeping Brent crude trading just above $104 a barrel.
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SpaceX spectrum acquisition sparks massive telecom sector selloff
The telecommunications sector experienced intense pressure after SpaceX secured an 800 MHz spectrum deal to dive into mobile gaming. Major network carriers saw substantial stock declines, highlighted by T-Mobile plummeting over 13% as investors adjusted to the new competitive threat.
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Treasury yields hover near multi-decade highs ahead of earnings
The 10-year U.S. Treasury yield settled around 5.24% on Friday, remaining close to a 24-year high established earlier in the week. Persistent inflation fears and expectations of further interest rate hikes from the Federal Reserve continue to keep upward pressure on the bond market.
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