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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%
3,886.363,815.893,815.893,620.51
SIXY
Discretionary
SIXY
Discretionary
SIXY
-2.03%
2,318.00
-48.08
-2.03%
2,366.082,368.372,383.082,312.31
SIXB
Materials
SIXB
Materials
SIXB
-1.89%
1,072.78
-20.72
-1.89%
1,093.501,091.591,093.931,069.98
SIXE
Energy
SIXE
Energy
SIXE
-1.86%
1,206.57
-22.92
-1.86%
1,229.491,228.851,229.941,206.03
SIXR
Staples
SIXR
Staples
SIXR
+1.64%
840.38
+13.58
+1.64%
826.80827.96849.83827.96
US market summary
Major U.S. stock indexes fell sharply following a nonfarm payrolls report that showed the economy added 172,000 jobs in May, nearly double what many economists expected. This unexpected labor market resilience has heightened concerns that the Federal Reserve may implement further interest rate hikes later this year to combat persistent inflation.
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Tech giants lead indices lower as AI valuations face scrutiny
The Nasdaq composite experienced its steepest daily decline in over a year, led by significant losses in major semiconductor and artificial intelligence stocks. Investors pulled back from high-flying tech names like Nvidia, Broadcom, and Micron as doubts grew regarding the sustainability of current lofty valuations in a rising interest rate environment.
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Treasury yields climb to multi-year highs on rate hike bets
Bond yields jumped across the curve with the 10-year Treasury yield rising to 4.55% and the 2-year note reaching its highest level since early 2025. This surge reflects a shift in market sentiment from anticipating rate cuts to pricing in a potential Federal Reserve rate hike by the fourth quarter of 2026.
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Cryptocurrency markets tumble amid institutional outflows
The digital asset sector faced intense pressure as Bitcoin fell below the $60,000 mark, reaching its lowest level in 19 months. Market confidence has deteriorated sharply, evidenced by record outflows from spot ETFs and a return to extreme fear levels in sentiment indices.
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