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Price
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Mkt Cap
SIXI
Industrials
SIXI
Industrials
SIXI
+2.19%
1,858.16
+39.74
+2.19%
1,818.421,831.951,876.771,831.95
SIXY
Discretionary
SIXY
Discretionary
SIXY
-1.50%
2,291.50
-34.92
-1.50%
2,326.422,320.492,326.122,287.62
SIXV
Health care
SIXV
Health care
SIXV
+1.49%
1,574.69
+23.06
+1.49%
1,551.631,552.951,590.621,552.95
SIXB
Materials
SIXB
Materials
SIXB
+1.33%
1,102.15
+14.50
+1.33%
1,087.651,090.091,109.161,090.09
SIXE
Energy
SIXE
Energy
SIXE
+1.06%
1,139.58
+11.96
+1.06%
1,127.621,120.951,144.011,117.15
US market summary
U.S. equity markets finished Thursday with varied results, as the Dow Jones Industrial Average managed a slight gain while the Nasdaq Composite fell for its fourth consecutive day. Heavyweight technology stocks faced downward pressure, with Apple dropping 6% following price hikes on its hardware products, largely neutralizing a significant rally in semiconductor shares sparked by strong quarterly performance in the sector.
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Micron earnings spark memory chip rally amid AI infrastructure boom
Micron Technology shares surged 15% after the company reported quarterly results that far exceeded analyst expectations, driven by intense demand for AI-related data center components. The report highlighted a severe shortage of memory components that pushed the firm's profit margins to nearly 85%, buoying other semiconductor stocks such as SanDisk and Western Digital even as broader tech sectors struggled.
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Treasury yields retreat following moderate inflation signals
U.S. Treasury yields declined as the latest Personal Consumption Expenditures price index showed inflation largely in line with economic expectations. The 10-year Treasury yield hovered around 4.4% as easing geopolitical tensions in the Middle East further alleviated inflationary concerns, leading some analysts to suggest that the peak of consumer price volatility may be in the past.
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Cryptocurrency market faces sustained pressure as Bitcoin hits multi-year lows
Digital assets experienced a significant downturn, with Bitcoin falling below the $60,000 threshold to reach its lowest valuation since 2024. The broader crypto sell-off, which saw Ethereum also decline nearly 3%, was attributed to record outflows from spot ETFs and a rotation of capital into high-growth artificial intelligence stocks.
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