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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXC
Communications
SIXC
Communications
SIXC
+1.72%
592.26
+10.04
+1.72%
—582.22582.22594.70582.22——
SIXT
Technology
SIXT
Technology
SIXT
-1.07%
3,658.24
-39.48
-1.07%
—3,697.723,729.873,730.073,590.37——
SIXU
Utilities
SIXU
Utilities
SIXU
-0.98%
916.08
-9.04
-0.98%
—925.12925.62930.44914.76——
SIXY
Discretionary
SIXY
Discretionary
SIXY
+0.93%
2,365.18
+21.75
+0.93%
—2,343.432,356.482,382.052,356.48——
SIXE
Energy
SIXE
Energy
SIXE
-0.85%
1,189.68
-10.25
-0.85%
—1,199.931,199.501,200.911,174.93——
US market summary
Major stock indexes closed positive on Wednesday as market participants digested a lower-than-expected Producer Price Index reading for June. The technology-focused Nasdaq Composite jumped 0.62%, the S&P 500 added 0.38%, and the Dow Jones Industrial Average rose 0.29%, placing the indices within striking distance of fresh records.
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Big Tech gains lift Wall Street despite severe semiconductor selloff
Large-cap technology companies including Apple, Amazon, and Alphabet saw significant gains on Wednesday, helping buffer the broader market against weakness in chip stocks. While Apple hit a new all-time high, key semiconductor firms such as Micron Technology and Intel experienced steep declines, falling 8% and 4% respectively.
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Financial companies lead early corporate earnings optimism
The quarterly reporting cycle kicked off on a positive note with strong corporate performance results lifting equity markets. Shares of BlackRock jumped 6.6% after the financial firm reported better-than-expected second-quarter profits and announced its assets under management surpassed $15 trillion for the first time.
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PayPal shares rally following multi-billion dollar takeover proposal
Shares of payments giant PayPal surged roughly 17% during Wednesday's trading session on historically high volume. The price movement followed reports that Stripe and private equity firm Advent International have collaborated on a potential $53 billion acquisition offer.
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