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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
U.S. stock futures declined slightly as equity markets digested comments from Federal Reserve Chairman Kevin Warsh at the Jackson Hole symposium. Highlighting that inflation remains uncomfortably high and economic conditions are not yet broadly restrictive, Warsh reinforced expectations of a policy rate increase at the upcoming September meeting.
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Middle East Military Escalation Drives Crude Prices Higher
International oil benchmarks rallied over 1% following reported military strikes between the United States and Iran over the weekend. The geopolitical flare-up, which involves critical trading lanes like the Strait of Hormuz, has added renewed premium to crude futures and stoked fresh macroeconomic inflation concerns.
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Gold Prices Extend Losses Due to Rising Yields and Rate Fears
Spot gold extended its recent sharp decline, briefly slipping below the $4,400 per ounce threshold during intraday trading. A combination of elevated U.S. Treasury yields, a strong U.S. dollar, and the rising opportunity cost driven by hawkish central bank messaging continues to keep heavy pressure on the precious metal.
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Bitcoin Caps Strong Monthly Advance Amid Fading Momentum
Bitcoin is on track to record a substantial monthly gain of approximately 24% for August, pushing its price briefly past the $80,000 mark. Despite this historically strong performance, technical indicators show that the bullish momentum is beginning to cool off as exchange balances and spot demand soften ahead of September.
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