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Symbols
Symbols
Price
Change
% Change
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Open
High
Low
Volume
Mkt Cap
SIXV
Health care
SIXV
Health care
SIXV
+2.70%
1,657.90
+43.56
+2.70%
1,614.341,620.741,657.901,620.74
SIXT
Technology
SIXT
Technology
SIXT
-2.63%
3,640.12
-98.21
-2.63%
3,738.333,737.363,775.813,601.16
SIXU
Utilities
SIXU
Utilities
SIXU
+2.27%
927.06
+20.54
+2.27%
906.52909.62927.49909.62
SIXR
Staples
SIXR
Staples
SIXR
+2.07%
860.39
+17.46
+2.07%
842.93846.25861.20846.25
SIXB
Materials
SIXB
Materials
SIXB
+1.99%
1,105.39
+21.54
+1.99%
1,083.851,085.321,105.461,085.32
US market summary
The Dow Jones Industrial Average reached a historic closing peak of 52,900 points during a holiday-shortened trading week. Investors reacted positively to a June jobs report that showed only 57,000 positions added, significantly below economist forecasts, which helped ease immediate concerns regarding potential interest rate hikes.
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Semiconductor sector faces profit taking and volatility
While traditional blue-chip stocks thrived, technology-heavy indexes such as the Nasdaq faced downward pressure from a sharp selloff in chipmakers. Despite strong year-to-date performance, major players like Micron and Applied Materials saw significant declines as investors questioned if artificial intelligence valuations had become overextended.
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Bond yields and US dollar retreat following jobs miss
Treasury yields and the value of the U.S. dollar softened after the latest employment figures indicated a slower pace of labor market growth. The two-year Treasury yield slipped as the data tempered expectations for aggressive central bank policy, potentially altering the Federal Reserve's approach to interest rates in the coming months.
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Digital assets rebound as rate hike fears subside
Cryptocurrency markets experienced a recovery to start July, with Bitcoin climbing back above the $61,000 threshold. The rally was supported by renewed ETF inflows and comments from Federal Reserve Chair Kevin Warsh that reduced the perceived risk of immediate monetary tightening.
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