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Symbols
Price
Change
% Change
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Low
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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
During his inaugural post-meeting press conference, Federal Reserve Chair Kevin Warsh announced the decision to hold benchmark interest rates steady at 3.5% to 3.75%. However, the central bank's updated forecasts indicate that nearly half of policymakers now anticipate at least one rate hike by the end of 2026 to combat persistent inflation risks.
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U.S. and Iran sign historic peace agreement reducing energy supply fears
Oil prices retreated significantly after President Trump and Iranian President Pezeshkian signed an interim peace agreement in France. The deal includes a memorandum of understanding to reopen the Strait of Hormuz and remove sanctions on Iranian crude, driving Brent crude prices below $79 per barrel.
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Major U.S. stock indexes fluctuate following hawkish central bank pivot
U.S. equities faced a sharp downturn in the most recent full session, with the S&P 500 and Nasdaq Composite dropping over 1% as investors digested the Federal Reserve's tougher stance on inflation. Market futures have since shown signs of a rebound as optimism surrounding the U.S.-Iran peace deal begins to outweigh immediate interest rate concerns.
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Intel shares surge on reported domestic chip manufacturing deal with Apple
Intel stock climbed nearly 10% in premarket trading following reports that Apple has agreed to collaborate with the company to design and manufacture chips within the United States. This strategic partnership follows significant U.S. government investment in Intel and is expected to push the stock toward new all-time highs.
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