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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.11%
2,224.32
+24.35
+1.11%
—2,199.972,216.782,236.732,216.45——
SIXT
Technology
SIXT
Technology
SIXT
+1.00%
4,025.28
+39.75
+1.00%
—3,985.534,038.504,056.824,016.18——
SIXI
Industrials
SIXI
Industrials
SIXI
+0.78%
1,714.34
+13.27
+0.78%
—1,701.071,709.441,724.941,703.48——
SIXB
Materials
SIXB
Materials
SIXB
+0.67%
1,038.96
+6.96
+0.67%
—1,032.001,034.871,049.021,034.87——
SIXU
Utilities
SIXU
Utilities
SIXU
+0.37%
806.70
+2.99
+0.37%
—803.71805.29813.77804.02——
US market summary
United States stock indexes surged on Friday following a employment report that revealed a sharp slowdown in hiring, with only 29,000 nonfarm payrolls added in September. This weaker-than-anticipated labor economic data led market participants to scale back their expectations for an upcoming Federal Reserve interest rate hike, giving a direct boost to equity markets.
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Nasdaq hits record high as semiconductor giants surge
The tech-focused Nasdaq Composite outperformed other major benchmarks, closing up 1.2% and reaching a new intraday record high. Market heavyweight Nvidia led the charge by gaining over 2% to tap its own lifetime high, propelling the broader technology sector to capture its third consecutive weekly gain.
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Treasury yields and commodities ease after employment data
Government bond yields dropped significantly after the soft payroll numbers, with the 10-year Treasury yield backing off from recent multi-decade highs. Meanwhile, commodity markets saw a weekly retreat as crude oil futures slid over 1.5% after G-7 and European nations moved forward with plans to deploy emergency energy stockpiles.
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Digital assets stabilize near critical thresholds
The cryptocurrency market found firm footing alongside traditional risk assets following the cooling macroeconomic data. Bitcoin hovered solidly in the mid-$80,000 range while Ethereum reclaimed the $2,700 level, bolstered additionally by upgraded institutional price targets.
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