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arrow_downward Symbols arrow_downward Symbols | arrow_downward Price | arrow_downward Change | arrow_downward % Change | Trend | arrow_downward Prev Close | arrow_downward Open | arrow_downward High | arrow_downward Low | arrow_downward Volume | arrow_downward Mkt Cap | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXC Communications | SIXC -1.74% arrow_downward | 578.28 | -10.24 arrow_downward | -1.74% arrow_downward | — | 588.52 | 588.52 | 588.52 | 576.28 | — | — |
SIXY Discretionary | SIXY -1.65% arrow_downward | 2,333.70 | -39.08 arrow_downward | -1.65% arrow_downward | — | 2,372.78 | 2,347.73 | 2,362.78 | 2,332.04 | — | — |
SIXE Energy | SIXE +1.15% arrow_upward | 1,214.81 | +13.76 arrow_upward | +1.15% arrow_upward | — | 1,201.05 | 1,208.67 | 1,223.32 | 1,206.57 | — | — |
SIXT Technology | SIXT -1.07% arrow_downward | 3,536.61 | -38.28 arrow_downward | -1.07% arrow_downward | — | 3,574.89 | 3,491.93 | 3,583.85 | 3,451.66 | — | — |
SIXM Financials | SIXM -0.91% arrow_downward | 693.63 | -6.34 arrow_downward | -0.91% arrow_downward | — | 699.97 | 697.59 | 702.22 | 692.21 | — | — |
US market summary
Major indexes notch weekly losses as technology selloff deepens
U.S. equities closed lower on Friday, cementing a down week for Wall Street's primary benchmarks. The Nasdaq Composite suffered a 1.4% drop to lead the day's declines, while the S&P 500 and the Dow Jones Industrial Average slid 1% and 0.8%, respectively, snapping recent multi-week winning streaks for the broader indexes.
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Semiconductor sector enters bear market territory amid valuation anxieties
The chipmaker rout intensified as the Philadelphia Stock Exchange Semiconductor Index fell another 1.6% on Friday, marking a 20% decline from its June historical peak. Investor sentiment was rattled following reports that the Chinese artificial intelligence startup Moonshot AI released an advanced model capable of competing directly with top-tier American offerings.
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Corporate earnings deliver mixed signals with streaming and medical device pullbacks
High-profile corporate forecasts dragged heavily on individual equity prices during Friday's trading session. Netflix shares fell over 7% due to weaker-than-expected revenue guidance for the third quarter, while medical equipment manufacturer Intuitive Surgical plunged roughly 14% after keeping its procedure growth projections unchanged.
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Energy stocks buck the downward trend fueled by escalating Middle East friction
The energy sector was the sole major industry group within the S&P 500 to secure gains at the end of the week. Prices for West Texas Intermediate crude oil moved up past $82 per barrel as markets responded to geopolitical anxieties stemming from a series of military airstrikes launched by the United States against targets in Iran.
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