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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXT Technology | SIXT -1.60% arrow_downward | 3,738.36 | -60.80 arrow_downward | -1.60% arrow_downward | — | 3,799.16 | 3,785.43 | 3,798.05 | 3,735.23 | — | — |
SIXC Communications | SIXC +1.35% arrow_upward | 590.07 | +7.86 arrow_upward | +1.35% arrow_upward | — | 582.21 | 582.21 | 592.83 | 582.21 | — | — |
SIXU Utilities | SIXU -1.14% arrow_downward | 861.24 | -9.97 arrow_downward | -1.14% arrow_downward | — | 871.21 | 873.13 | 874.22 | 858.20 | — | — |
SIXY Discretionary | SIXY +1.12% arrow_upward | 2,368.04 | +26.31 arrow_upward | +1.12% arrow_upward | — | 2,341.73 | 2,352.83 | 2,375.08 | 2,351.47 | — | — |
SIXI Industrials | SIXI -0.97% arrow_downward | 1,784.25 | -17.39 arrow_downward | -0.97% arrow_downward | — | 1,801.64 | 1,805.13 | 1,807.49 | 1,779.50 | — | — |
US market summary
Fed Chairman Warsh sparks rate hike fears at Jackson Hole
Federal Reserve Chairman Kevin Warsh delivered a hawkish speech emphasizing a strong commitment to combating elevated domestic inflation. The remarks led investors to significantly increase their bets on a September interest rate hike, with probabilities jumping to nearly 60% from roughly 35% the previous day.
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Major Wall Street indexes slide on Friday but secure weekly gains
U.S. stock markets ended slightly in the red on Friday as traders digested the central bank's hawkish policy outlook. Despite the session's minor losses, the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all managed to close out the week higher, with the Nasdaq leading the weekly advance at 0.8%.
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Semiconductor equities face corrections despite strong earnings
Tech shares faced downward pressure at the end of the week, driven by corrections in major chip companies. Even though Marvell Technology edge past second-quarter financial expectations, its stock tumbled over 10%, highlighting growing broader investor skepticism that industry valuations have risen too far ahead of realistic demand.
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Bitcoin pulls back from three-month highs following monetary tightening signals
The price of Bitcoin temporarily crossed the $81,000 threshold to touch a multi-month high before retracing back below $80,000. The broader cryptocurrency market experienced a cooling of risk-on momentum as rising Treasury yields and tighter monetary projections dampened speculative assets.
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Upcoming earnings
Tue
1
Medtronic plc
fitbit_today7:45 AM EDT Fiscal Q1 2027
Period
Fiscal Q1 2027
EPS est.
$1.39
Rev est.
9.5B
More news stories
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Benzinga
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14 minutes ago
Scott Bessent Blasts Elizabeth Warren, Says She Knows ‘Even Less’ About Forex Than Banking — Senator Fires Back: ‘Trump's Economy Is Crushing Families’
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41 minutes ago
Trump Announces ‘Biggest Oil Deal in World History’ as US Secures Majority Control of Venezuela’s 65 Billion-Barrel Reserves Amid Iran War
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