Stock Market Midday, Aug. 26: Markets Muted as Investors Await Nvidia Earnings
July inflation came in hotter than expected, weighing on major indexes as investors brace for Nvidia earnings after the bell today, Aug. 26, 2026.
At 11:47 AM ET on August 26, the S&P 500 edged up 0.01% to 7,678 as investors waited on Nvidia's earnings. The Nasdaq Composite slipped 0.12% to 26,117, while the Dow Jones Industrial Average fell 0.18% to 53,480. Sticky inflation data weighed on traders, sending gold down 0.61% to $4,608.72. Meanwhile, the 10-Year Treasury yield rose 0.017 to 4.67%.
Energy and industrial sectors led the modest gains, while basic materials and healthcare lagged behind. Meta Platforms saw its stock swing wildly following a $17 billion legal settlement, initially rising before trimming gains as markets digested the news. Abercrombie & Fitch surged 40% after beating earnings expectations and raising its full-year guidance.
Alibaba Group Holding rebounded slightly after a $10 billion share placement aimed at funding AI development.
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