Stock Market Today, Aug. 20: Stocks Slide on Weak Retail Earnings, Rising Bond Yields
Today, Aug. 20, 2026, disappointing consumer results and rising oil prices snapped Wednesday's relief rally, renewing inflation concerns across major indexes.
Overview
The Dow Jones Industrial Average (DJINDICES:^DJI) fell 1.32% to 52,759, the S&P 500 (SNPINDEX:^GSPC) declined 0.85% to 7,642, and the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 1.00% to 26,067 as rising oil prices and retail earnings pressure snapped Wednesday's relief rally.
Retail giant Walmart (NASDAQ: WMT) weighed on the market following a profit report that dampened consumer sentiment, while TJX Companies (NYSE:TJX) fell roughly 3% after reporting a rare miss in its largest business segment.
Details
Robinhood Markets (NASDAQ:HOOD) reversed its earlier gains to close lower despite positive sentiment from a White House crypto summit, while Lumentum Holdings (NASDAQ:LITE) shares rose as leadership highlighted surging demand for AI infrastructure components.
Source
Originally published at www.fool.com.