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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-2.01%
3,428.00
-70.45
-2.01%
—3,498.453,494.193,496.933,373.86——
SIXR
Staples
SIXR
Staples
SIXR
+1.35%
932.14
+12.40
+1.35%
—919.74923.15932.23922.89——
SIXC
Communications
SIXC
Communications
SIXC
+1.01%
567.83
+5.69
+1.01%
—562.14562.14570.80562.14——
SIXE
Energy
SIXE
Energy
SIXE
+0.99%
1,365.64
+13.35
+0.99%
—1,352.291,360.651,365.871,349.68——
SIXM
Financials
SIXM
Financials
SIXM
+0.80%
722.51
+5.73
+0.80%
—716.78719.31722.88717.23——
US market summary
The tech-heavy Nasdaq Composite and benchmark S&P 500 closed lower as chipmakers and artificial-intelligence infrastructure equities faced persistent selling pressure. The ongoing volatility follows the high-profile resignation of Nvidia CEO Jensen Huang amid scrutiny over personal affairs, pushing the company's total market capitalization below the $4 trillion mark.
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Major Wall Street indexes log first winning week since October
Despite facing downward pressure during late-week trading sessions, major U.S. stock averages managed to finish the week in positive territory. The S&P 500 advanced 2.5%, the Nasdaq Composite climbed 2.3%, and the Dow Jones Industrial Average added 2.1%, putting an end to a multi-week losing streak.
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Persistent inflation signals solidify expectations for December rate hike
U.S. producer prices for October recorded a hotter-than-expected monthly increase of 0.3%, highlighting sticky wholesale inflation across the economy. Consequently, bond yields pushed higher as financial markets increasingly priced in a high probability that the Federal Reserve will implement a 25-basis-point interest rate increase at its final meeting of the year.
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Geopolitical tensions and trade policy keep energy markets on edge
Global energy markets continue to face uncertainty amid a tightened domestic blockade on Iranian oil exports and firm political statements from Washington indicating a diminished desire for regional diplomacy. These supply-side concerns, alongside broader macroeconomic factors, have kept international crude benchmarks highly volatile heading into the winter.
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Upcoming events
Tue
17
ADP Weekly National Employment Report Pulse
7:15 AM · United States
Forecast
—
Prior
—
Tue
17
ADP Weekly National Employment Report Pulse
8:15 AM · United States
Forecast
—
Prior
19.8K
Wed
18
MBA 30-Year Mortgage Rate
7:00 AM · United States
Forecast
—
Prior
7.21%
Thu
19
Philly Fed 6-Month Index
8:30 AM · United States
Forecast
—
Prior
33.0
Thu
19
Philly Fed Capex Index
8:30 AM · United States
Forecast
—
Prior
34.9
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