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Price
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% Change
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Low
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Mkt Cap
SIXI
Industrials
SIXI
Industrials
SIXI
+2.19%
1,858.16
+39.74
+2.19%
1,818.421,831.951,876.771,831.95
SIXY
Discretionary
SIXY
Discretionary
SIXY
-1.50%
2,291.50
-34.92
-1.50%
2,326.422,320.492,326.122,287.62
SIXV
Health care
SIXV
Health care
SIXV
+1.49%
1,574.69
+23.06
+1.49%
1,551.631,552.951,590.621,552.95
SIXB
Materials
SIXB
Materials
SIXB
+1.33%
1,102.15
+14.50
+1.33%
1,087.651,090.091,109.161,090.09
SIXE
Energy
SIXE
Energy
SIXE
+1.06%
1,139.58
+11.96
+1.06%
1,127.621,120.951,144.011,117.15
US market summary
U.S. equity markets finished Thursday with varied results as broader market breadth struggled against significant declines in mega-cap technology shares. While the Dow Jones Industrial Average managed a slight gain of 0.14%, the Nasdaq Composite fell for its fourth consecutive session, dropping 0.46% as heavyweights like Apple and Microsoft faced selling pressure despite strong performance in the semiconductor sector.
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Micron earnings blockbuster fails to lift broader tech sector
Micron Technology shares surged by as much as 17% after the company reported quarterly revenue that quadrupled and projected a chip shortage extending into 2027. However, these gains were countered by a 6% plunge in Apple shares following the announcement of price increases for MacBooks and iPads, which the company attributed to the rising costs of components like memory and storage chips.
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Upward revision to first quarter GDP indicates economic resilience
New government data released today showed the U.S. economy expanded at an annualized rate of 2.1% during the first quarter of 2026, surpassing previous estimates of 1.6%. This final reading reflects a significant rebound from late 2025 and suggests the domestic economy remains robust despite ongoing global energy shocks and trade policy shifts.
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Treasury yields decline as cooler inflation data eases rate hike fears
Bond yields retreated across the board after the Federal Reserve's preferred inflation gauge showed more moderate growth than anticipated. The 10-year Treasury yield slipped to approximately 4.39%, while the policy-sensitive 2-year yield dropped to 4.12%, leading market participants to dial back expectations for aggressive interest rate hikes in the coming months.
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