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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXB
Materials
SIXB
Materials
SIXB
-1.45%
1,058.35
-15.54
-1.45%
1,073.891,073.091,073.091,056.07
SIXU
Utilities
SIXU
Utilities
SIXU
-1.40%
827.27
-11.72
-1.40%
838.99837.61837.61826.92
SIXC
Communications
SIXC
Communications
SIXC
-1.35%
578.52
-7.91
-1.35%
586.43586.43586.43577.82
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-0.98%
207.82
-2.06
-0.98%
209.88209.88209.88207.71
SIXT
Technology
SIXT
Technology
SIXT
+0.87%
3,817.78
+32.87
+0.87%
3,784.913,799.903,819.473,773.81
US market summary
U.S. equity benchmarks delivered mixed weekly results following the Federal Reserve's recent benchmark interest rate hike. The tech-heavy Nasdaq Composite secured a 0.7% weekly gain, while the S&P 500 dipped slightly by 0.1%, and the Dow Jones Industrial Average suffered a sharper 1.7% drop, marking its largest weekly decline in six months.
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Treasury Yields and Oil Prices Introduce Market Headwinds
Fixed-income markets faced a significant sell-off, pushing the highly watched 10-year Treasury yield up to the crucial 5% threshold. Concurrently, international crude prices remained elevated around $100 per barrel, heightening fears of persistent inflation and fewer central bank rate cuts down the road.
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Warren Buffett Shifts Roles at Berkshire Hathaway
In a historic leadership transition, Warren Buffett announced he is stepping down as executive chairman of Berkshire Hathaway to transition into a chairman emeritus role. His son, Howard Buffett, will assume the position of chairman, while the elder Buffett remains on the company's board of directors.
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Cryptocurrencies Absorb Legislative Loss to Post Gains
Digital assets demonstrated resilience as Bitcoin advanced to approximately $81,100 and Ethereum climbed above $2,600 following the central bank's policy updates. The price increases came despite the digital asset industry facing a political setback in the U.S. Senate with the failure of the bipartisan CLARITY Act.
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