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Symbols
Symbols
Price
Change
% Change
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Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-2.61%
3,738.33
-100.26
-2.61%
3,838.593,772.443,787.043,735.58
SIXC
Communications
SIXC
Communications
SIXC
+2.28%
573.84
+12.79
+2.28%
561.05561.05579.64561.05
SIXM
Financials
SIXM
Financials
SIXM
+2.13%
675.90
+14.10
+2.13%
661.80663.33679.64663.19
SIXU
Utilities
SIXU
Utilities
SIXU
-1.30%
906.52
-11.98
-1.30%
918.50918.31918.31904.33
SIXI
Industrials
SIXI
Industrials
SIXI
-1.06%
1,849.64
-19.77
-1.06%
1,869.411,863.021,872.211,843.05
US market summary
Major equity futures edged lower on July 2 as investors braced for the June nonfarm payrolls report. This cautious start follows a session where the Dow Jones Industrial Average erased a record intraday high to close slightly down, while tech-heavy indexes struggled under the weight of a semiconductor selloff.
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Federal Reserve signals shift toward data dependency without forward guidance
Fed Chairman Kevin Warsh indicated that inflation risks have moderated recently, though the central bank remains committed to a 2% price stability target. While officials are avoiding explicit future guidance, markets currently anticipate a high probability of a rate hike in September despite softening labor data.
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Semiconductor profit-taking pressures tech sector despite AI optimism
High-flying chipmakers like Micron and Sandisk saw double-digit percentage drops as investors locked in gains following a massive rally in the first half of 2026. However, Meta Platforms countered this trend with a significant surge after announcing its pivot toward renting out AI computing infrastructure to external customers.
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Treasury yields stabilize while Dollar Index softens on labor indicators
The 10-year U.S. Treasury yield held near 4.48% as traders analyzed weaker-than-expected private payroll data. Simultaneously, the U.S. Dollar Index fell slightly as cooling labor market indicators reduced immediate expectations for aggressive hawkish moves from the Federal Reserve.
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