Stock Market Today, Aug. 14: Rally Stalls on Disappointing Consumer Data, Broadcom Falls 6%
On Aug. 14, 2026, disappointing retail spending and consumer confidence data pulled markets back from record highs, with chipmakers leading declines.
Overview
The S&P 500 (SNPINDEX:^GSPC) fell 0.17% to 7,786, the Nasdaq Composite (NASDAQINDEX:^IXIC) lost 0.28% to 26,729, and the Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.20% to 53,732 as disappointing economic data stalled the recent rally.
Gold prices rose 0.24% to $4,373.48 as of U.S. market close, and the 10-Year Treasury yield fell 0.05% to 4.69%. Energy and basic materials finished as the top-performing sectors, but drops in technology and healthcare stocks weighed on indexes.
Details
Reddit shares jumped 13% following news that the social media company will join the S&P 500 next week. Broadcom tumbled 6% after Bank of America analysts questioned a potential $370 billion debt financing vehicle. Applied Materials also faced selling pressure despite an earnings beat.
Source
Originally published at www.fool.com.