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Symbols
Symbols
Price
Change
% Change
Trend
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Open
High
Low
Volume
Mkt Cap
SIXC
Communications
SIXC
Communications
SIXC
-2.77%
570.23
-16.25
-2.77%
586.48586.48586.48569.25
SIXY
Discretionary
SIXY
Discretionary
SIXY
-2.52%
2,330.42
-60.27
-2.52%
2,390.692,382.352,384.242,324.83
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-2.48%
214.71
-5.45
-2.48%
220.16220.16220.16214.19
SIXR
Staples
SIXR
Staples
SIXR
-2.21%
841.92
-19.05
-2.21%
860.97857.60858.88838.70
SIXV
Health care
SIXV
Health care
SIXV
-1.41%
1,518.55
-21.65
-1.41%
1,540.201,538.021,538.021,511.18
US market summary
Wall Street benchmarks retreat from record highs
Major U.S. stock indexes fell following the central bank's updated economic outlook, which signaled higher-for-longer interest rates. The Dow Jones Industrial Average, which had neared the 52,000 milestone earlier in the week, dropped approximately 1%, while the Nasdaq Composite and S&P 500 saw sharper declines of over 1.2%.
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Treasury yields surge as inflation forecasts are revised upward
Bond yields jumped significantly after the Fed raised its year-end inflation forecast to 3.6%. The 2-year Treasury yield hit a high of 4.22%, its highest level in over a year, reflecting market expectations that the era of low rates has ended.
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SpaceX shares experience first decline following record IPO
Elon Musk's SpaceX saw its stock price fall by roughly 5% on Wednesday, ending a three-day post-IPO rally that had seen gains of nearly 50%. Despite this first daily decline, the aerospace and AI firm remains one of the world's most valuable companies with a market capitalization of approximately $2.5 trillion.
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