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.
Overview
As of 11:47 AM ET, the S&P 500 (SNPINDEX:^GSPC) is up 0.01% to 7,678, while the Nasdaq Composite (NASDAQINDEX:^IXIC) has fallen 0.12% to 26,117, and the Dow Jones Industrial Average (DJINDICES:^DJI) is trading 0.18% lower at 53,480 as traders react to sticky inflation data.
Gold is down 0.61% to $4,608.72, while the 10-Year Treasury yield gained 0.017 to 4.67%. Energy and industrial stocks lead the sector gainers, and basic materials and healthcare trail.
Details
Meta Platforms whipsawed this morning following a $17 billion legal settlement. The stock initially popped before paring gains as markets digested the news. Abercrombie & Fitch soared an eye-watering 40% after beating earnings estimates and raising its full-year guidance. Meanwhile, Alibaba Group Holding erased some losses after plunging on news of a $10 billion share placement to fund artificial intelligence (AI) development.
Source
Originally published at www.fool.com.