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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXE
Energy
SIXE
Energy
SIXE
+1.45%
1,301.99
+18.67
+1.45%
1,283.321,285.141,305.861,285.14
SIXV
Health care
SIXV
Health care
SIXV
-0.60%
1,690.35
-10.27
-0.60%
1,700.621,698.781,698.781,681.18
SIXU
Utilities
SIXU
Utilities
SIXU
+0.55%
895.25
+4.88
+0.55%
890.37890.61897.37889.32
SIXB
Materials
SIXB
Materials
SIXB
+0.40%
1,115.22
+4.39
+0.40%
1,110.831,113.291,117.391,110.38
SIXT
Technology
SIXT
Technology
SIXT
-0.37%
3,826.69
-14.28
-0.37%
3,840.973,847.623,852.623,811.14
US market summary
Major equity benchmarks closed lower on Friday, erasing early morning gains as economic uncertainty overshadowed previous momentum. Despite the minor daily drop, both the S&P 500 and the Nasdaq Composite locked in their third consecutive week of positive returns, while the Dow Jones Industrial Average fell for the week.
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Unexpected retail sales drop eases pressure on future interest rates
United States retail sales fell 0.6% in July, marking the first monthly decline in nine months and defying economist expectations. While the weak spending data stokes concerns regarding potential economic growth deceleration, it strengthens expectations that the Federal Reserve will pause interest rate hikes in September.
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AI stock valuation anxieties trigger semiconductor pullback
Technology and chipmaker stocks faced downward pressure, led by a decline in Applied Materials despite the company reporting an earnings beat and strong outlook. High valuation expectations sparked a broader selloff in the semiconductor sector, with companies like Broadcom and Intel suffering noticeable pullbacks.
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Crypto markets slide following SEC meeting cancellation and regulatory delays
Cryptocurrencies lost ground as Bitcoin slipped below $63,000 and Ethereum drifted lower, diverging from the positive movements seen in precious metals. Digital asset markets faced pressure after the SEC abruptly canceled an open meeting meant to address startup fundraising rules and delayed plans for tokenized stock trading.
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