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Symbols
Price
Change
% Change
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Open
High
Low
Volume
Mkt Cap
SIXB
Materials
SIXB
Materials
SIXB
+1.89%
1,105.94
+20.50
+1.89%
1,085.441,090.971,109.021,090.97
SIXM
Financials
SIXM
Financials
SIXM
+1.35%
656.29
+8.76
+1.35%
647.53650.37658.60649.89
SIXU
Utilities
SIXU
Utilities
SIXU
+1.12%
897.10
+9.94
+1.12%
887.16889.58898.46889.58
SIXRE
Real estate
SIXRE
Real estate
SIXRE
+0.94%
222.12
+2.07
+0.94%
220.05220.05222.85220.05
SIXT
Technology
SIXT
Technology
SIXT
+0.85%
3,720.33
+31.26
+0.85%
3,689.073,683.353,739.513,656.88
US market summary
Elon Musk's SpaceX officially went public on the Nasdaq under the ticker SPCX, marking the largest initial public offering in history with $75 billion raised. The company's stock opened at $150 and surged nearly 20% on its first day of trading, instantly positioning the rocket manufacturer as the sixth most-valuable company in the United States with a market capitalization exceeding $2 trillion.
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Middle East peace optimism drives broad market recovery
U.S. stock indexes finished the week higher as reports emerged of a potential agreement to end conflict in the Middle East. Positive sentiment regarding a deal between the U.S. and Iran led to a sharp 930-point surge in the Dow and supported the S&P 500, which reached near 7,431 as geopolitical risks appeared to subside.
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Energy costs push annual inflation to three-year high
Consumer prices in May accelerated to 4.2% year-over-year, the highest level since early 2023, primarily driven by a 23.5% jump in energy costs. Despite the headline spike, core inflation measures were slightly softer than anticipated, leading to mixed expectations for future Federal Reserve interest rate decisions under new Chair Kevin Warsh.
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Treasury yields stabilize following volatile trading sessions
Benchmark 10-year Treasury yields eased toward 4.49% by the end of the week, retracing earlier highs driven by inflation fears and geopolitical tensions. The yield curve remains upward-sloping, with shorter-term 2-year notes settling near 4.08% as investors balance a resilient labor market against cooling oil prices.
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