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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
U.S. stock indexes plummeted on June 5, 2026, following a Labor Department report showing 172,000 jobs added in May, nearly double the expected growth. This unexpected economic strength led to the S&P 500's first losing week in ten, as the index dropped 2.6% while the tech-heavy Nasdaq fell 4.2%.
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Semiconductor sector experiences steep valuation correction
The artificial intelligence trade faced a severe setback with major chipmakers leading a broad market decline. Marvell Technology and Micron Technology saw double-digit plunges of approximately 16% and 13% respectively, while industry leader Nvidia fell over 6% amid concerns that AI demand growth may be slowing.
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Treasury yields spike as rate hike expectations intensify
Bond markets responded to hot labor data with a sharp rise in yields, reflecting a shift in investor expectations toward a potential Federal Reserve rate increase before year-end. The 10-year Treasury yield rose to 4.55%, and the 30-year yield breached the 5% threshold, marking a significant reversal from earlier annual forecasts of rate cuts.
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Bitcoin reaches multi-year lows amid capital rotation
The cryptocurrency market faced intense pressure as Bitcoin dropped below the $60,000 mark on June 5, reaching its lowest valuation since 2024. Analysts attribute the decline to investors rotating capital toward high-performing equities and megacap IPOs, resulting in Bitcoin's worst weekly performance in nearly four years.
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