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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXRE
Real estate
SIXRE
Real estate
SIXRE
+2.23%
225.74
+4.92
+2.23%
220.82220.82226.68220.82
SIXB
Materials
SIXB
Materials
SIXB
+1.82%
1,088.69
+19.41
+1.82%
1,069.281,069.061,089.171,067.43
SIXT
Technology
SIXT
Technology
SIXT
-1.44%
3,543.11
-51.64
-1.44%
3,594.753,585.523,605.903,525.86
SIXR
Staples
SIXR
Staples
SIXR
+0.96%
849.79
+8.05
+0.96%
841.74842.79851.37840.28
SIXM
Financials
SIXM
Financials
SIXM
+0.86%
694.52
+5.95
+0.86%
688.57688.93694.96686.65
US market summary
Major equity benchmarks concluded a volatile trading week with mixed single-day results but logged cumulative losses for the second consecutive week. The tech-heavy Nasdaq Composite led the weekly downturn with a 2.1% drop, while the S&P 500 and Dow Jones Industrial Average suffered smaller declines, marking their first back-to-back weekly losses since March.
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Concerns over artificial intelligence capital expenditures trigger chipmaker selloff
Semiconductor equities experienced heavy selling pressure due to investor anxiety surrounding high capital spending on AI infrastructure without immediate profitable returns. Intel shares plunged nearly 8% despite beating quarterly expectations, while memory manufacturing stocks like Sandisk and Micron Technology posted steep declines.
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Crude oil retreats slightly following diplomatic signals from the Middle East
Energy prices fell back after a rapid escalation in Middle East geopolitical tensions previously pushed Brent crude futures past the $100 per barrel threshold. Reports indicating that Pakistan and Iran are evaluating fresh avenues for peace talks eased fears of long-term supply shocks, providing temporary inflation relief to broader financial markets.
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Tesla shares tumble on second-quarter earnings miss and cash flow strain
Tesla suffered a severe market blow, dropping 14.5% after reporting second-quarter profits that widely missed consensus estimates. The electric vehicle maker recorded negative cash flow for the first time in two years, exacerbating a broader July slump that has erased billions of dollars in valuation.
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