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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 +1.45% arrow_upward | 2,422.68 | +34.60 arrow_upward | +1.45% arrow_upward | — | 2,388.08 | 2,395.18 | 2,434.72 | 2,395.18 | — | — |
SIXT Technology | SIXT +1.43% arrow_upward | 3,786.66 | +53.41 arrow_upward | +1.43% arrow_upward | — | 3,733.25 | 3,780.29 | 3,800.92 | 3,741.18 | — | — |
SIXB Materials | SIXB +1.34% arrow_upward | 1,123.25 | +14.83 arrow_upward | +1.34% arrow_upward | — | 1,108.42 | 1,111.55 | 1,124.66 | 1,108.83 | — | — |
SIXE Energy | SIXE -1.18% arrow_downward | 1,209.32 | -14.45 arrow_downward | -1.18% arrow_downward | — | 1,223.77 | 1,215.48 | 1,220.73 | 1,201.37 | — | — |
SIXV Health care | SIXV +0.78% arrow_upward | 1,673.99 | +12.99 arrow_upward | +0.78% arrow_upward | — | 1,661.00 | 1,659.24 | 1,674.51 | 1,645.55 | — | — |
US market summary
S&P 500 reaches record high as major indexes post best week since April
Wall Street concluded a highly successful week with the S&P 500 establishing a new all-time closing record. Tech sector gains heavily drove the performance, pushing the tech-heavy Nasdaq Composite up by over five percent for the week, while the Dow Jones Industrial Average also climbed steadily.
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Surprise contraction in July payrolls fuels interest rate optimism
The U.S. labor market unexpectedly shed 23,000 jobs in July, vastly underperforming the expansion that economists had predicted. Investors responded positively to the weak economic reading, reasoning that the contraction will likely influence the Federal Reserve to pause planned interest rate increases during its September session.
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Corporate earnings see dramatic post-results swings led by Atlassian and Airbnb
Strong corporate performance reports have continued to bolster equity valuations at the tail end of the second-quarter earnings season. Software maker Atlassian achieved its largest single-day percentage gain ever by surging over 35%, and Airbnb jumped over 17% on upwardly revised annual guidance, though advertising technology firm Trade Desk plummeted amid a weaker outlook.
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Safe-haven asset demand lifts gold prices over seven percent for the week
Precious metals experienced a strong rally, with gold settling higher on Friday to cap off a substantial weekly gain of more than seven percent. Despite a sharp labor market miss, bullion's upward trajectory remains heavily supported by persistent inflationary worries linked to geopolitical conflicts.
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