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Symbols Symbols	Price	Change	% Change	Trend	Prev Close	Open	High	Low	Volume	Mkt Cap
SIXT Technology SIXT Technology	SIXT -4.12%	3,711.27	-159.51	-4.12%	—	3,870.78	3,730.52	3,772.59	3,701.63	—	—
SIXI Industrials SIXI Industrials	SIXI -2.03%	1,797.17	-37.23	-2.03%	—	1,834.40	1,818.33	1,818.33	1,788.62	—	—
SIXR Staples SIXR Staples	SIXR +1.85%	847.85	+15.41	+1.85%	—	832.44	841.88	849.20	840.98	—	—
SIXB Materials SIXB Materials	SIXB -1.50%	1,081.05	-16.49	-1.50%	—	1,097.54	1,095.23	1,095.23	1,080.26	—	—
SIXRE Real estate SIXRE Real estate	SIXRE +1.37%	219.76	+2.97	+1.37%	—	216.79	216.79	220.19	216.79	—	—

US market summary

Tech-driven retreat weighs on major US indexes

Wall Street experienced a sharp downturn on Tuesday as a deepening global sell-off in technology and semiconductor stocks dragged major benchmarks lower. The Nasdaq Composite led the decline with a loss of over 2%, while the S&P 500 fell significantly due to concentrated selling in AI-related companies that had previously driven the market to record highs.

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Semiconductor sector faces heavy losses amid AI skepticism

Chipmakers faced one of their worst trading sessions in recent weeks, with Micron Technology and Sandisk recording double-digit percentage drops. The route was fueled by growing investor concern that the massive capital expenditures in AI infrastructure may not yield immediate fundamental returns, leading to a 7.5% drop in the broader semiconductor index.

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Hawkish Fed shift pushes yields higher as rate hike fears grow

Treasury yields remained elevated as the market adjusted to a more hawkish stance from the Federal Reserve under new Chairman Kevin Warsh. Investors are now pricing in a high probability of a rate hike later this year, driven by resilient labor markets and a persistent inflation rate that recently hit a three-year high of 4.2%.

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Bitcoin slides below key thresholds on institutional rotation

Cryptocurrency markets faced downward pressure as Bitcoin fell below the $60,000 mark for the first time since late 2024. Analysts attribute the decline to a rotation of risk capital toward AI equities and persistent outflows from spot ETFs, though some technical indicators suggest the asset may be nearing a contrarian bottom.

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