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Symbols Symbols	Price	Change	% Change	Trend	Prev Close	Open	High	Low	Volume	Mkt Cap
SIXT Technology SIXT Technology	SIXT -6.65%	3,627.73	-258.63	-6.65%	—	3,886.36	3,815.89	3,815.89	3,620.51	—	—
SIXY Discretionary SIXY Discretionary	SIXY -2.03%	2,318.00	-48.08	-2.03%	—	2,366.08	2,368.37	2,383.08	2,312.31	—	—
SIXB Materials SIXB Materials	SIXB -1.89%	1,072.78	-20.72	-1.89%	—	1,093.50	1,091.59	1,093.93	1,069.98	—	—
SIXE Energy SIXE Energy	SIXE -1.86%	1,206.57	-22.92	-1.86%	—	1,229.49	1,228.85	1,229.94	1,206.03	—	—
SIXR Staples SIXR Staples	SIXR +1.64%	840.38	+13.58	+1.64%	—	826.80	827.96	849.83	827.96	—	—

US market summary

Equity markets plunge as tech sector loses $1.3 trillion

U.S. stock indexes suffered their sharpest declines of the year on Friday, June 5, 2026, as a massive sell-off in semiconductor and artificial intelligence firms weighed on investor sentiment. The Nasdaq Composite dropped more than 4% in its worst daily performance since April 2025, while the S&P 500 fell 2.6% to snap a nine-week winning streak. Major industry players like Nvidia and Broadcom saw significant market capitalization losses following weaker-than-expected guidance and broader concerns over valuation.

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Robust employment data fuels interest rate hike fears

The May jobs report showed U.S. employers added 172,000 positions, nearly double the consensus estimate and driving a sharp rise in Treasury yields. This unexpected labor market strength has led traders to price in a higher probability of a Federal Reserve interest rate hike before the end of 2026. The 2-year Treasury yield surged to 4.16%, its highest level since February 2025, as investors recalibrated their expectations for a hawkish monetary policy path.

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Cryptocurrency market faces deep sell-off and liquidations

Digital assets experienced significant volatility as Bitcoin plummeted more than 5% on Friday, briefly falling below the $60,000 threshold. This decline triggered approximately $1.57 billion in leveraged liquidations across the crypto market and erased roughly $200 billion in total market value. Heightened institutional outflows and regulatory uncertainty in the U.S. have contributed to a bearish outlook for June, with spot Bitcoin ETFs seeing a record-breaking streak of consecutive daily outflows.

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Mortgage rates climb to new highs for 2026

U.S. homebuyers are facing renewed pressure as 30-year fixed mortgage rates rose to an average of 6.48% in the first week of June. This uptick follows a broader rise in bond yields and suggests that financing costs will remain elevated for the foreseeable future. The increase marks a significant jump from February 2026 levels when rates had briefly moderated to near 6%, further dampening hopes for a near-term recovery in the housing market.

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