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Symbols
Symbols
Price
Change
% Change
Trend
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Open
High
Low
Volume
Mkt Cap
SIXV
Health care
SIXV
Health care
SIXV
+2.70%
1,657.90
+43.56
+2.70%
1,614.341,620.741,657.901,620.74
SIXT
Technology
SIXT
Technology
SIXT
-2.63%
3,640.12
-98.21
-2.63%
3,738.333,737.363,775.813,601.16
SIXU
Utilities
SIXU
Utilities
SIXU
+2.27%
927.06
+20.54
+2.27%
906.52909.62927.49909.62
SIXR
Staples
SIXR
Staples
SIXR
+2.07%
860.39
+17.46
+2.07%
842.93846.25861.20846.25
SIXB
Materials
SIXB
Materials
SIXB
+1.99%
1,105.39
+21.54
+1.99%
1,083.851,085.321,105.461,085.32
US market summary
The Dow Jones Industrial Average reached a new all-time high above 52,750 points during the July 4 holiday week, reflecting a significant rotation from mega-cap technology into blue-chip industrials. While the S&P 500 remained relatively flat, investors have increasingly favored traditional industry leaders over AI-focused capital expenditure names.
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Cooling labor market data quells interest rate hike fears
U.S. nonfarm payrolls grew by only 57,000 in June, significantly trailing the expected 115,000 and marking a sharp slowdown from previous months. Although the unemployment rate dipped to 4.2%, this was primarily attributed to a shrinking labor force rather than strong hiring, leading many traders to reduce bets on further interest rate increases.
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Global technology selloff pressures Nasdaq performance
The tech-heavy Nasdaq fell 0.8% recently as a global routing of semiconductor-equipment stocks took hold, with specific chipmakers seeing declines as high as 19%. Investors are reassessing high valuations after a dominant first half of the year, leading to more cautious sentiment regarding the sustainability of the AI-driven tech rally.
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Oil prices stabilize near pre-war lows amid oversupply signals
Crude oil benchmarks such as Brent and WTI have retreated from recent highs, with Brent stabilizing around $72 per barrel. Market analysts noted the first appearance of a contango structure in futures curves in a significant period, suggesting that physical oversupply is starting to outweigh previous geopolitical supply concerns.
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