Market Recap of the Week of Aug 9, 2026 - Aug 16, 2026

Overall Market Trends:

The market faced mixed results last week, with three of the four major indices finishing in the green. The New York Stock Exchange Composite (NYSE) rose 226 points (+0.92%), the S&P 500 climbed 28 points (+0.36%), and the NASDAQ Composite gained 39 points (+0.14%). On the other hand, the Dow Jones Industrial Average posted a weekly loss of 305 points (-0.56%). These results were largely influenced by new inflation data, movements in oil prices amid the U.S.-Iran conflict, and significant swings throughout the artificial intelligence sector.

Stocks finished Monday’s trading session slightly lower as investors grew doubtful that the United States and Iran would reach a lasting resolution to the ongoing conflict. The deadline for the temporary agreement arrived with the two sides remaining far apart. West Texas Intermediate crude soared more than 5% to $82.13 per barrel while Brent crude advanced 5% to $87.72. The increase in oil prices added to inflation concerns and pushed the 30-year Treasury yield to its highest level since June 2007. Intel (NASDAQ: INTC) tumbled 4% after announcing that it would offer $15 billion in common stock. Nvidia (NASDAQ: NVDA) and Apple (NASDAQ: AAPL) also weighed down the market, falling nearly 3% and 1.5%, respectively.

The market continued to fall on Tuesday as technology companies pulled back and hopes for the reopening of the Strait of Hormuz faded. Communication services was the worst-performing sector in the S&P 500, with Alphabet (NASDAQ: GOOG) and AppLovin (NASDAQ: APP) declining roughly 4% and 6%, respectively. Nvidia also finished slightly in the red despite announcing a partnership with six asset managers to mobilize more than $500 billion for artificial intelligence infrastructure. Oil prices continued to rise, with West Texas Intermediate crude climbing 1.3% to $83.20 per barrel while Brent crude gained roughly 1.4% to $88.91. Investors also began preparing for the Consumer Price Index and Producer Price Index reports set to be released later in the week.

Stocks faced mixed results on Wednesday after a relatively tame inflation report supported the S&P 500 and NASDAQ while the Dow finished slightly lower. The Consumer Price Index rose 0.1% in July, matching expectations, while the annual inflation rate fell slightly to 3.4%. Core CPI, which excludes food and energy prices, increased 0.2% for the month and 2.5% compared to the prior year. The report increased expectations that the Federal Reserve would keep interest rates unchanged at its September meeting. Artificial intelligence companies led the market higher after releasing strong earnings and guidance. CoreWeave (NASDAQ: CRWV) and Super Micro Computer (NASDAQ: SMCI) both skyrocketed 19%, while Dell Technologies (NYSE: DELL) and Micron Technology (NASDAQ: MU) rose nearly 10% and 5%, respectively. Nebius Group (NASDAQ: NBIS) also soared 34%, adding to the technology sector’s gains.

The market pushed higher on Thursday following another weaker-than-expected inflation report and a pullback in oil prices. The Producer Price Index remained unchanged in July, lower than the expected 0.2% increase. Core PPI rose 0.2%, also below the 0.3% estimate. These results further eased concerns that the Federal Reserve would raise interest rates in September. West Texas Intermediate and Brent crude both declined more than 2%, helping the S&P 500 reach a new all-time high and close above 7,800 for the first time. Meta Platforms (NASDAQ: META), Micron Technology, and Netflix (NASDAQ: NFLX) helped support the gains. Cisco Systems (NASDAQ: CSCO), however, fell more than 8% after its earnings failed to impress investors. Cerebras and Coherent (NYSE: COHR) also tumbled roughly 12% and 8%, respectively.

Stocks pulled back slightly on Friday after weak consumer data added to concerns about the health of the economy. July retail sales unexpectedly fell 0.6%, marking their first monthly decline in nine months. Consumer sentiment also sank to 51 in August, reversing the improvements experienced throughout June and July. These results raised concerns about consumer spending but also strengthened the case for the Federal Reserve to keep interest rates steady. Oil prices added to the uncertainty after reversing earlier losses, with Brent crude rising 1.7% to $88.52 per barrel. The S&P 500 fell 0.2%, the NASDAQ declined 0.3%, and the Dow slipped 0.2%. Despite Friday’s losses, the S&P 500 and NASDAQ still managed to finish the week in the green.

Source: CNBC (Consumer News and Business Channel)

Past Earnings Report:

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Upcoming Important Economic Events:

Monday: Markets closed for Labor Day Holiday
Tuesday: Consumer Credit
Wednesday: No events scheduled
Thursday: Weekly jobless claims • Producer Price Index (PPI) • Core PPI
Friday: Consumer Price Index (CPI) • Core CPI

Future Earnings Reports:

Market Recap (8/16/26)

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