Stock Market Today, Aug. 10: Markets Slip as Oil Gains Fuel Inflation Fears
Crude climbed, lifting energy stocks while semiconductor and tech shares stumbled on capital spending concerns, today, Aug. 10, 2026.
Overview
The S&P 500 (SNPINDEX:^GSPC) fell 0.06% to 7,753 as it hovered near record territory, while the Nasdaq Composite (NASDAQINDEX:^IXIC) slipped 0.32% to 26,605 and the Dow Jones Industrial Average (DJINDICES:^DJI) finished 0.11% lower at 53,976 as it pulled back from its all-time high.
Gold prices climbed 1.14% to $4,390.85 as of U.S. market close, and the 10-Year Treasury yield gained 0.06% to 4.71%. Energy stocks outpaced all sectors, with technology and real estate stocks falling the most.
Details
Intel Corporation shares slumped after the company announced a dilutive $15 billion stock offering to fund artificial intelligence (AI) and manufacturing activities. Meta Platforms, Inc. climbed in intraday trading before finishing up 0.48% as investors digested Mark Zuckerberg’s AI manifesto and the debut of its Muse Glimmer model. Exxon Mobil Corporation rose alongside crude oil prices, and Archer Aviation soared 12% on news that it would buy three Boeing subsidiaries and that Boeing would take a stake in the firm.
Source
Originally published at www.fool.com.