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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXT
Technology
SIXT
Technology
SIXT
-1.60%
3,738.36
-60.80
-1.60%
—3,799.163,785.433,798.053,735.23——
SIXC
Communications
SIXC
Communications
SIXC
+1.35%
590.07
+7.86
+1.35%
—582.21582.21592.83582.21——
SIXU
Utilities
SIXU
Utilities
SIXU
-1.14%
861.24
-9.97
-1.14%
—871.21873.13874.22858.20——
SIXY
Discretionary
SIXY
Discretionary
SIXY
+1.12%
2,368.04
+26.31
+1.12%
—2,341.732,352.832,375.082,351.47——
SIXI
Industrials
SIXI
Industrials
SIXI
-0.97%
1,784.25
-17.39
-0.97%
—1,801.641,805.131,807.491,779.50——
US market summary
Major U.S. stock indexes fell slightly on Friday following a speech by Federal Reserve Chairman Kevin Warsh at the Jackson Hole symposium. Warsh's firm tone highlighted that inflation risks remain elevated and that the central bank is prepared to implement interest rate hikes if necessary, which pushed bond yields higher and dampened short-term investor sentiment.
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Marvell Technology earnings tumble despite upward guidance
Shares of Marvell Technology plummeted 10% on Friday after its financial results disappointed the market. Even though the semiconductor company raised its future outlook and reported higher year-over-year revenue and profits, the steep drop highlights the remarkably high bar investors currently have for artificial intelligence-related companies.
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U.S. dollar surges alongside climbing Treasury yields
The U.S. dollar jumped against major international currencies, on track to mark its largest single-day gain in two and a half months. This foreign exchange move was fueled by rising bond yields, with the benchmark 10-year U.S. Treasury note climbing to 4.728% as futures markets adjusted to a higher probability of a September rate hike.
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Bitcoin and crypto markets lose ground on macro uncertainty
The broader cryptocurrency market experienced a wave of fading momentum, with Bitcoin slipping below the $78,000 threshold. Digital assets faced downward pressure following the hawkish monetary policy signals from Jackson Hole, which interrupted a multi-day buying streak for U.S. spot Bitcoin ETFs.
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