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Symbols
Price
Change
% Change
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Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-2.78%
3,752.70
-107.39
-2.78%
3,860.093,849.793,868.403,752.70
SIXM
Financials
SIXM
Financials
SIXM
+1.49%
668.37
+9.81
+1.49%
658.56660.30669.45660.30
SIXU
Utilities
SIXU
Utilities
SIXU
+0.69%
907.46
+6.18
+0.69%
901.28901.89916.05901.75
SIXI
Industrials
SIXI
Industrials
SIXI
+0.67%
1,809.91
+12.07
+0.67%
1,797.841,801.721,822.351,801.72
SIXB
Materials
SIXB
Materials
SIXB
+0.42%
1,116.88
+4.67
+0.42%
1,112.211,113.161,123.991,113.16
US market summary
The Dow Jones Industrial Average rose 0.6% on Tuesday to close at a new record high of 51,999.67, marking its second straight day of gains. This blue-chip rally occurred as investors rotated capital out of major technology and semiconductor firms, causing the Nasdaq Composite to drop 1.15% and the S&P 500 to slide 0.57%.
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Oil prices plunge below critical threshold on geopolitical developments
Energy prices fell sharply as Brent crude dropped more than 5% to settle at $78.96 per barrel, its first close below the $80 mark since March. The decline followed optimism regarding a preliminary agreement between the U.S. and Iran to end their conflict and reopen the strategic Strait of Hormuz later this week.
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Markets pivot to Fed meeting under new leadership
Investors are closely monitoring the Federal Open Market Committee meeting scheduled for June 16-17, the first chaired by Kevin Warsh. While interest rates are widely expected to remain steady between 3.50% and 3.75%, participants are focused on updated economic projections and potential changes to the central bank's communication framework.
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SpaceX valuation surges following major AI acquisition
SpaceX shares climbed 4.8% after the company announced a $60 billion deal to acquire the AI-coding startup Cursor. This move briefly propelled the aerospace firm's market capitalization above that of Amazon and Microsoft, positioning it as the fifth-largest U.S. public company during intraday trading.
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