Finance

Beta
Ask
Lists
Top movers in your lists
Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXC
Communications
SIXC
Communications
SIXC
-2.77%
570.23
-16.25
-2.77%
586.48586.48586.48569.25
SIXY
Discretionary
SIXY
Discretionary
SIXY
-2.52%
2,330.42
-60.27
-2.52%
2,390.692,382.352,384.242,324.83
SIXRE
Real estate
SIXRE
Real estate
SIXRE
-2.48%
214.71
-5.45
-2.48%
220.16220.16220.16214.19
SIXR
Staples
SIXR
Staples
SIXR
-2.21%
841.92
-19.05
-2.21%
860.97857.60858.88838.70
SIXV
Health care
SIXV
Health care
SIXV
-1.41%
1,518.55
-21.65
-1.41%
1,540.201,538.021,538.021,511.18
US market summary
In the first policy meeting led by Chairman Kevin Warsh, the Federal Reserve maintained interest rates at 3.5% to 3.75% but signaled potential hikes later in 2026. Updated projections showed that nine officials now anticipate at least one rate increase this year, a shift from previous March estimates that has recalibrated market expectations toward tighter monetary policy.
Dive deeper with AI
Major stock indexes tumble as rate hike speculation intensifies
U.S. equity markets experienced significant losses following the Fed's hawkish signaling, with the S&P 500 dropping 1.2% to 7,420.10. The Dow Jones Industrial Average and Nasdaq Composite fell 1% and 1.3% respectively, marking the worst performance on a new Fed chair's first meeting day since 1994.
Dive deeper with AI
Short-term Treasury yields surge to 16-month highs
The yield on the policy-sensitive two-year Treasury note jumped 16 basis points to reach 4.21%, its highest level since early 2025. This move reflects investor reaction to both the Federal Reserve's updated interest rate projections and stronger-than-expected economic data released earlier in the day.
Dive deeper with AI
Retail sales exceed expectations despite persistent inflation
U.S. retail sales for May grew by 0.9%, surpassing economist forecasts of 0.5% and demonstrating continued consumer resilience. While higher gasoline prices contributed to the gains, core retail sales also increased, leading the Atlanta Fed to upgrade its second-quarter GDP growth estimate to 3.0%.
Dive deeper with AI
AI content may include mistakes. Learn more
AI content may include mistakes. Learn more