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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXI
Industrials
SIXI
Industrials
SIXI
-3.41%
1,708.06
-60.37
-3.41%
—1,768.431,761.931,761.931,706.50——
SIXT
Technology
SIXT
Technology
SIXT
-2.40%
3,552.54
-87.48
-2.40%
—3,640.023,591.363,670.613,545.77——
SIXB
Materials
SIXB
Materials
SIXB
-2.35%
1,050.83
-25.25
-2.35%
—1,076.081,077.061,077.621,050.76——
SIXY
Discretionary
SIXY
Discretionary
SIXY
-2.07%
2,290.53
-48.49
-2.07%
—2,339.022,329.442,334.282,288.52——
SIXR
Staples
SIXR
Staples
SIXR
+1.61%
860.85
+13.66
+1.61%
—847.19851.61862.17850.06——
US market summary
Major stock benchmarks closed sharply lower on June 10, with the Dow Jones falling below the 50,000 level for the first time since mid-May. The retreat was driven by persistent inflation concerns, hot economic data, and escalating military conflict between the United States and Iran in the Middle East.
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Tech and semiconductor sectors lead broad market retreat
Artificial intelligence giants and chipmakers faced a significant selloff as investors rotated away from highly valued tech stocks. Super Micro Computer plunged 28% after announcing a massive equity financing deal, while Oracle shares tumbled in pre-market trading due to higher-than-expected capital expenditures for AI infrastructure.
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Federal Reserve signals shift toward potential rate hikes under new leadership
Following the appointment of Kevin Warsh as Chairman, the Federal Reserve is expected to formally abandon its easing bias at the upcoming June meeting. Markets are now pricing in a higher probability of rate increases later in 2026 as headline inflation reached 4.2%, well above the central bank's target.
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Energy and commodities respond to Middle East instability
Crude oil prices experienced volatility, paring gains on June 11 after an initial surge following U.S. airstrikes on Iranian targets. Simultaneously, gold futures have seen a sharp retreat from all-time highs, with prices falling to their lowest settle value since November as speculators reduced short bets.
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