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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 -1.40% arrow_downward | 1,237.21 | -17.60 arrow_downward | -1.40% arrow_downward | — | 1,254.81 | 1,253.01 | 1,253.87 | 1,226.33 | — | — |
SIXT Technology | SIXT +1.39% arrow_upward | 3,256.63 | +44.80 arrow_upward | +1.39% arrow_upward | — | 3,211.83 | 3,227.21 | 3,266.90 | 3,226.55 | — | — |
SIXI Industrials | SIXI -0.83% arrow_downward | 1,746.48 | -14.63 arrow_downward | -0.83% arrow_downward | — | 1,761.11 | 1,764.27 | 1,766.88 | 1,746.42 | — | — |
SIXY Discretionary | SIXY +0.80% arrow_upward | 2,411.26 | +19.14 arrow_upward | +0.80% arrow_upward | — | 2,392.12 | 2,396.95 | 2,421.22 | 2,382.32 | — | — |
SIXC Communications | SIXC +0.40% arrow_upward | 611.23 | +2.46 arrow_upward | +0.40% arrow_upward | — | 608.77 | 608.77 | 612.97 | 608.77 | — | — |
US market summary
Major indexes reach record highs as May trading begins
The S&P 500 and Nasdaq Composite both surged to fresh all-time intraday and closing records on the first trading day of May. This upward momentum follows the market's strongest monthly performance in years, with the Nasdaq specifically crossing the 25,000 mark for the first time in its history.
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Apple earnings and rosy forecast ignite tech rally
Shares of Apple climbed more than 4% after the company reported quarterly profit and revenue that exceeded analyst expectations. Investor sentiment was further bolstered by an optimistic revenue outlook for the current period, which helped the broader technology sector lead market gains.
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Geopolitical optimism and cooling oil prices support sentiment
Equities received a boost following reports that Iran submitted a new negotiation proposal to mediators, raising hopes for a de-escalation of regional tensions. Simultaneously, crude oil prices saw a retreat below $100 per barrel, providing additional relief to a market previously concerned about energy-driven inflation.
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Resilient manufacturing data offsets elevated inflation concerns
The U.S. manufacturing sector reached its strongest expansion level since May 2022, with the April Manufacturing PMI rising to 54.5. This robust industrial performance helped investors look past recent data showing core PCE inflation at an annual rate of 3.2%, its highest reading in nearly three years.
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