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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXY Discretionary | SIXY -1.57% arrow_downward | 2,314.24 | -36.80 arrow_downward | -1.57% arrow_downward | — | 2,351.04 | 2,329.31 | 2,335.29 | 2,314.43 | — | — |
SIXC Communications | SIXC -0.99% arrow_downward | 586.24 | -5.86 arrow_downward | -0.99% arrow_downward | — | 592.10 | 592.10 | 592.10 | 585.44 | — | — |
SIXV Health care | SIXV -0.97% arrow_downward | 1,731.98 | -16.95 arrow_downward | -0.97% arrow_downward | — | 1,748.93 | 1,745.21 | 1,745.21 | 1,728.55 | — | — |
SIXM Financials | SIXM -0.85% arrow_downward | 714.46 | -6.14 arrow_downward | -0.85% arrow_downward | — | 720.60 | 717.95 | 717.95 | 713.16 | — | — |
SIXE Energy | SIXE -0.77% arrow_downward | 1,343.51 | -10.39 arrow_downward | -0.77% arrow_downward | — | 1,353.90 | 1,349.51 | 1,349.51 | 1,328.18 | — | — |
US market summary
Robust August Jobs Report Restarts Fed Rate Hike Speculation
The U.S. economy added 162,000 nonfarm payroll jobs in August, significantly outpacing economic forecasts. Following the data release, market probability for an interest rate hike at the Federal Reserve's mid-September meeting jumped to approximately 60%.
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Wall Street Stalls Following Back-to-Back Daily Gains
Major U.S. stock indexes opened slightly lower and experienced muted trading as investors digested the surprisingly strong employment data. The subtle downturn paused a multi-day rally that had originally been boosted by comments from Fed Governor Christopher Waller regarding a potential pause in interest rate hikes.
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Cryptocurrency Pulls Back Following Temporary Inflow Surge
Bitcoin fell back below the $80,000 threshold, reversing a sharp overnight rally that had touched more than $82,000. The digital asset had initially surged on a nine-month high for spot ETF inflows, but reversed course as stronger macroeconomic data boosted the U.S. dollar and bond yields.
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Lululemon Shares Plunge on Slashed Revenue Projections
Shares of Lululemon fell roughly 20% in early trading following a reduction in its full-year revenue outlook to a range of $10.35 billion to $10.5 billion. The premium athletic apparel retailer cited negative social media feedback and weak product adoption, ahead of an upcoming transition to a new chief executive officer.
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