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Symbols
Symbols
Price
Change
% Change
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Open
High
Low
Volume
Mkt Cap
SIXB
Materials
SIXB
Materials
SIXB
+1.20%
1,081.36
+12.87
+1.20%
1,068.491,069.401,086.061,069.40
SIXR
Staples
SIXR
Staples
SIXR
+1.06%
850.83
+8.91
+1.06%
841.92842.15851.45841.48
SIXC
Communications
SIXC
Communications
SIXC
+0.85%
583.14
+4.91
+0.85%
578.23578.23585.90578.23
SIXV
Health care
SIXV
Health care
SIXV
-0.81%
1,627.31
-13.36
-0.81%
1,640.671,642.731,644.861,620.84
SIXU
Utilities
SIXU
Utilities
SIXU
+0.61%
919.40
+5.60
+0.61%
913.80914.11921.13914.11
US market summary
Major stock benchmarks concluded the second week of July with gains, as the S&P 500 rose 0.42% and the Nasdaq Composite climbed 0.29%. The market was bolstered by a renewed appetite for artificial intelligence leaders and semiconductor stocks, helping indexes navigate a period of heightened geopolitical volatility.
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SK Hynix makes historic Nasdaq debut with multibillion-dollar offering
South Korean memory chip manufacturer SK Hynix saw its American Depositary Receipts surge nearly 13% during their first day of trading on the Nasdaq. The listing, which raised approximately $26.5 billion, stands as the largest U.S. initial public offering by a foreign entity and reflects sustained global demand for AI-related hardware.
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Middle East escalation triggers sharp rise in oil prices and bond yields
Fresh military strikes between the U.S. and Iran have pushed Brent crude futures toward $78 per barrel, raising concerns over potential supply disruptions in the Strait of Hormuz. This geopolitical tension sparked a selloff in the bond market, sending the 10-year Treasury yield up to 4.58% as investors braced for persistent inflationary pressures.
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Federal Reserve officials display hawkish shift amid sticky inflation
Under the new chairmanship of Kevin Warsh, Federal Reserve projections have turned increasingly hawkish with inflation currently reported at 4.2%. Market futures now indicate a 0% probability of rate cuts for the remainder of 2026, with some traders pricing in a quarter-point hike as the central bank prioritizes price stability over immediate easing.
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