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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SIXRE Real estate | SIXRE +1.31% arrow_upward | 221.34 | +2.86 arrow_upward | +1.31% arrow_upward | — | 218.48 | 218.48 | 221.90 | 218.48 | — | — |
SIXC Communications | SIXC +1.29% arrow_upward | 583.60 | +7.42 arrow_upward | +1.29% arrow_upward | — | 576.18 | 576.18 | 585.49 | 576.18 | — | — |
SIXT Technology | SIXT +1.12% arrow_upward | 3,845.51 | +42.55 arrow_upward | +1.12% arrow_upward | — | 3,802.96 | 3,806.56 | 3,860.74 | 3,803.54 | — | — |
SIXR Staples | SIXR +0.88% arrow_upward | 866.48 | +7.59 arrow_upward | +0.88% arrow_upward | — | 858.89 | 861.44 | 870.21 | 861.44 | — | — |
SIXB Materials | SIXB -0.50% arrow_downward | 1,111.64 | -5.64 arrow_downward | -0.50% arrow_downward | — | 1,117.28 | 1,116.64 | 1,119.91 | 1,109.94 | — | — |
US market summary
S&P 500 and Nasdaq Reach New Highs on Easing Wholesale Inflation
The S&P 500 and Nasdaq Composite both posted notable gains, with the S&P 500 briefly crossing the 7,800 threshold to touch a fresh intraday record. Investor sentiment was bolstered by the July Producer Price Index, which came in flat and softer than economists had anticipated. This positive momentum followed earlier consumer inflation figures, collectively reinforcing Wall Street's confidence that the macroeconomic environment is stabilizing.
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Cisco Selloff Drags Down the Dow Jones Industrial Average
While tech-heavy indexes surged, the Dow Jones Industrial Average lagged behind and slipped into negative territory. The primary weight on the 30-stock index was Cisco Systems, which fell more than 8% during the session. Despite beating Wall Street expectations on revenue and earnings, investor anxieties regarding future profit margins triggered a significant selloff that erased the index's early gains.
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Semiconductor Sector Rallies to Edge Near a New Bull Market
Chipmakers spearheaded the market's gains, pushing the PHLX Semiconductor Index up roughly 20% from its late-July low. Major individual gainers included SanDisk, which surged approximately 15%, alongside solid advances from Micron Technology and Western Digital. This explosive rebound puts the broader chip index on track to exit its shortest bear market since 2020.
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Cooling Economic Indicators Fuel Bets on Federal Reserve Policy Hold
Soft inflation metrics alongside a moderate uptick in weekly jobless claims to 209,000 have shifted market expectations for upcoming central bank meetings. Market participants are increasingly betting that policymakers will hold interest rates steady in September, as pipeline production costs are no longer aggravating consumer-facing price pressures. Treasury yields also declined across the board in response to the light economic reports.
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Upcoming earnings
Thu
13
Nu Holdings Ltd
dark_mode6:00 PM EDT Fiscal Q2 2026
Period
Fiscal Q2 2026
EPS est.
$0.20
Rev est.
5.5B
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