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Low
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Mkt Cap
SIXV
Health care
SIXV
Health care
SIXV
+2.70%
1,657.90
+43.56
+2.70%
1,614.341,620.741,657.901,620.74
SIXT
Technology
SIXT
Technology
SIXT
-2.63%
3,640.12
-98.21
-2.63%
3,738.333,737.363,775.813,601.16
SIXU
Utilities
SIXU
Utilities
SIXU
+2.27%
927.06
+20.54
+2.27%
906.52909.62927.49909.62
SIXR
Staples
SIXR
Staples
SIXR
+2.07%
860.39
+17.46
+2.07%
842.93846.25861.20846.25
SIXB
Materials
SIXB
Materials
SIXB
+1.99%
1,105.39
+21.54
+1.99%
1,083.851,085.321,105.461,085.32
US market summary
United States financial markets remained closed on Friday, July 3, 2026, in observance of the Independence Day holiday. This pause in trading followed a week of notable divergence where the Dow Jones Industrial Average reached a new all-time closing record of 52,900.07, while the Nasdaq Composite faced pressure from a deepening semiconductor sell-off.
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Cooling labor data lowers expectations for further rate hikes
The June jobs report revealed that the U.S. economy added only 57,000 positions, significantly missing economist expectations and signaling a cooling labor market. Although the unemployment rate edged down to 4.2%, the soft payroll growth has led many investors to price out the likelihood of near-term interest rate increases by the Federal Reserve.
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Tech sector falters as investors rotate into value stocks
A significant rotation is underway in the markets as investors shift capital from high-growth technology names into traditional industrial and financial sectors. While Apple gained nearly 5% on product launch news, semiconductor stocks like Nvidia and Micron suffered heavy losses, with the broader semiconductor ETF dropping 4.5% in a single session.
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Treasury yields stabilize following soft employment figures
U.S. Treasury yields retreated after testing new highs earlier in the week, with the 10-year note settling near 4.49% following the release of the June employment data. The yield curve remains upward-sloping, reflecting a market that is balancing a cautious growth outlook against persistent inflation concerns triggered by global energy shocks.
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