Stock Market Update
26-Aug-26 11:25 ET
Stocks steady as investors await NVIDIA earnings
Dow -112.86
at 53464.54,
Nasdaq -59.58
at 26112.76,
S&P -1.45
at 7675.83
[BRIEFING.COM] The S&P 500 (flat), Nasdaq Composite (-0.2%), and DJIA (-0.2%) are little changed just before midday, with the market showing a muted response to mostly in-line inflation data as attention remains centered on a busy slate of corporate developments.
Strength is relatively evenly split, with six S&P 500 sectors trading higher, led by the industrials sector (+1.1%) as courier and defense stocks outperform. Abercrombie & Fitch (ANF 149.72, +40.82, +37.48%) is a major standout after its Q2 beat featured encouraging underlying sales trends beyond a sizable tariff-refund benefit, helping lift some apparel and retail names, though atheltic apparel stocks continue to trend lower after Dick's Sporting Goods (DKS 128.81, +4.50, +3.62%) disappointing earnings yesterday.
Elsewhere, Meta Platforms (META 581.57, +11.52, +2.02%) has been volatile after reaching a proposed settlement with state attorneys general over teen social-media claims, while Moderna (MRNA 148.12, -10.71, -6.74%) continues its volatile stretch following last week's triple-digit surge and weighs on the health care sector (-0.6%).
The information technology sector (+0.1%) is little changed as NVIDIA (NVDA 210.63, -2.42, -1.14%) trades lower ahead of its highly anticipated earnings report after today's close.
