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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXE Energy | SIXE +1.45% arrow_upward | 1,301.99 | +18.67 arrow_upward | +1.45% arrow_upward | — | 1,283.32 | 1,285.14 | 1,305.86 | 1,285.14 | — | — |
SIXV Health care | SIXV -0.60% arrow_downward | 1,690.35 | -10.27 arrow_downward | -0.60% arrow_downward | — | 1,700.62 | 1,698.78 | 1,698.78 | 1,681.18 | — | — |
SIXU Utilities | SIXU +0.55% arrow_upward | 895.25 | +4.88 arrow_upward | +0.55% arrow_upward | — | 890.37 | 890.61 | 897.37 | 889.32 | — | — |
SIXB Materials | SIXB +0.40% arrow_upward | 1,115.22 | +4.39 arrow_upward | +0.40% arrow_upward | — | 1,110.83 | 1,113.29 | 1,117.39 | 1,110.38 | — | — |
SIXT Technology | SIXT -0.37% arrow_downward | 3,826.69 | -14.28 arrow_downward | -0.37% arrow_downward | — | 3,840.97 | 3,847.62 | 3,852.62 | 3,811.14 | — | — |
US market summary
US stock benchmarks close lower daily but secure third winning week
Major equity indexes in the United States retreated from all-time highs on Friday, closing the session in the red. Despite the daily dip, the S&P 500 and the Nasdaq Composite locked in their third consecutive week of gains, supported by growing expectations that the Federal Reserve will hold interest rates steady in September.
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Weak retail spending and consumer data stall equity momentum
The stock market's early gains vanished following disappointing macroeconomic reports that revealed U.S. retail sales fell 0.6% in July and consumer confidence dampened. This soft data increased concerns regarding a potential economic slowdown, which temporarily paused the recent broad market rally.
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Valuation worries drag down chipmakers and technology shares
Semiconductor and hardware stocks faced downward pressure due to elevated valuation anxieties surrounding the artificial intelligence trade. Even though Applied Materials beat quarterly forecast estimates, its stock dropped alongside other industry giants like Broadcom and Intel.
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Reddit shares jump on announcement of S&P 500 inclusion
Bucking the broader market downturn, shares of the social-media platform Reddit surged substantially. The sharp rise followed reports and official confirmations that the company is set to be added to the benchmark S&P 500 index.
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