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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXE Energy | SIXE +1.49% arrow_upward | 1,302.47 | +19.15 arrow_upward | +1.49% arrow_upward | — | 1,283.32 | 1,285.14 | 1,305.86 | 1,285.14 | — | — |
SIXU Utilities | SIXU +0.74% arrow_upward | 896.93 | +6.56 arrow_upward | +0.74% arrow_upward | — | 890.37 | 890.61 | 897.37 | 889.32 | — | — |
SIXT Technology | SIXT -0.61% arrow_downward | 3,817.67 | -23.30 arrow_downward | -0.61% arrow_downward | — | 3,840.97 | 3,847.62 | 3,852.62 | 3,811.14 | — | — |
SIXV Health care | SIXV -0.46% arrow_downward | 1,692.84 | -7.78 arrow_downward | -0.46% arrow_downward | — | 1,700.62 | 1,698.78 | 1,698.78 | 1,681.18 | — | — |
SIXB Materials | SIXB +0.42% arrow_upward | 1,115.53 | +4.70 arrow_upward | +0.42% arrow_upward | — | 1,110.83 | 1,113.29 | 1,117.39 | 1,110.38 | — | — |
US market summary
US indexes retreat from historic levels following weak retail report
Major American equity markets edged lower to finish the week, pulling back from the historic highs established in the prior session. Investors displayed caution as newly released economic data revealed that retail spending dropped by 0.6% in July, coming in substantially lower than Wall Street projections.
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Deteriorating consumer sentiment and geopolitical tensions weigh on equities
A preliminary August reading from the University of Michigan indicated that domestic consumer confidence has weakened due to persistent inflation concerns. This softer domestic outlook, combined with ongoing hostilities in the Middle East, negatively impacted investor risk appetite and contributed to the afternoon market slide.
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Semiconductor sector experiences profit taking despite upbeat projections
Technology stocks dragged benchmarks lower as market participants locked in profits following recent rallies in the semiconductor space. Shares of Applied Materials fell over 5% despite the semiconductor equipment provider issuing a fourth-quarter sales forecast that topped consensus estimates.
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Reddit shares rally on upcoming inclusion to the S&P 500
Shares of the online forum platform surged more than 12% following the announcement that the company will officially join the benchmark S&P 500 index next week. The inclusion requires index-tracking mutual funds and exchange-traded funds to purchase the asset, providing a boost in both institutional prestige and capital.
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