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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.45%
2,422.68
+34.60
+1.45%
—2,388.082,395.182,434.722,395.18——
SIXT
Technology
SIXT
Technology
SIXT
+1.43%
3,786.66
+53.41
+1.43%
—3,733.253,780.293,800.923,741.18——
SIXB
Materials
SIXB
Materials
SIXB
+1.34%
1,123.25
+14.83
+1.34%
—1,108.421,111.551,124.661,108.83——
SIXE
Energy
SIXE
Energy
SIXE
-1.18%
1,209.32
-14.45
-1.18%
—1,223.771,215.481,220.731,201.37——
SIXV
Health care
SIXV
Health care
SIXV
+0.78%
1,673.99
+12.99
+0.78%
—1,661.001,659.241,674.511,645.55——
US market summary
Major stock indexes surged on Friday, marking their strongest weekly performance since April. The market rally was catalyzed by a surprising contraction in July nonfarm payrolls, which lost 23,000 jobs and eased investor anxieties regarding imminent interest rate hikes by the Federal Reserve.
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Corporate earnings bolster equities amidst strong tech sector momentum
Strong corporate performance helped support current market valuations, with tech companies driving the upward trend. Atlassian experienced its largest-ever daily percentage gain of over 35% after forecasting strong revenues, while vacation rental firm Airbnb surged over 17% following an earnings beat.
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Safe haven demand pushes gold to multi-week highs
Gold prices surged over 2% on Friday, tracking toward their strongest weekly gain in seven months. The metal was heavily supported by a weaker U.S. dollar, falling Treasury yields, and cooling interest rate expectations following the soft labor market report.
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Oil prices edge upward on lingering Middle East logistics concerns
Brent crude futures settled higher around $83.55 per barrel as investors monitored traffic management negotiations in the critical Strait of Hormuz. Geopolitical supply worries and uncertainty surrounding proposed Iranian shipping restrictions countered optimistic hopes of regional de-escalation.
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