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Symbols
Price
Change
% Change
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Open
High
Low
Volume
Mkt Cap
SIXV
Health care
SIXV
Health care
SIXV
+2.70%
1,657.90
+43.56
+2.70%
1,614.341,620.741,657.901,620.74
SIXT
Technology
SIXT
Technology
SIXT
-2.63%
3,640.12
-98.21
-2.63%
3,738.333,737.363,775.813,601.16
SIXU
Utilities
SIXU
Utilities
SIXU
+2.27%
927.06
+20.54
+2.27%
906.52909.62927.49909.62
SIXR
Staples
SIXR
Staples
SIXR
+2.07%
860.39
+17.46
+2.07%
842.93846.25861.20846.25
SIXB
Materials
SIXB
Materials
SIXB
+1.99%
1,105.39
+21.54
+1.99%
1,083.851,085.321,105.461,085.32
US market summary
U.S. stock markets were closed on Friday, July 3, 2026, in observance of the Independence Day holiday. This follows a landmark session on Thursday where the Dow Jones Industrial Average surged nearly 600 points to reach a new record close of 52,900.07, marking its fourth consecutive weekly gain.
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Tech sector diverges from broader market on AI valuation concerns
While traditional sectors thrived, the Nasdaq Composite and S&P 500 were weighed down by a significant selloff in semiconductor and AI-related stocks. Major players like Micron and Applied Materials saw sharp declines as investors rotated capital into more defensive areas, questioning if recent artificial intelligence optimism had pushed valuations to unsustainable levels.
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Cooling labor market data shifts interest rate expectations
A softer-than-expected June jobs report revealed that the U.S. economy added only 57,000 jobs, well below the anticipated 100,000. This slowdown in hiring has led many market participants to reduce their bets on an imminent interest rate hike by the Federal Reserve, providing a boost to equities in the process.
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Treasury yields stabilize following volatile week of Fed commentary
U.S. Treasury yields ended the holiday-shortened week mixed, with the 10-year yield hovering around 4.49%. Prices fluctuated throughout the week as traders balanced hawkish remarks from the Fed Chair against the latest labor data that suggested a cooling economy.
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