Weaker-than-expected producer price data on Thursday pushed the S&P 500 to a new closing record of 7,798.99, trimming the probability of a Federal Reserve rate hike in September.
Tag: equities
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S&P 500 Closes at Record 7,757 as Weak Jobs Data Lifts Rate-Cut Odds
The S&P 500 set a new all-time high of 7,757.64 on August 7, 2026, as a sharply weaker-than-expected US jobs report dimmed Federal Reserve rate-hike expectations and sent technology shares sharply higher.
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Netflix Slides 9% as Q2 Growth Guidance Disappoints
Netflix posted record Q2 revenue of $12.56 billion but guided the next quarter below analyst estimates, sending shares down as much as 9% after hours and extending a 45% slide from the stock’s June 2025 peak.
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Oil spikes to $109 and Wall Street falls as Trump rejects Iran peace deal
Brent crude surged to $109 a barrel on Friday and the S&P 500 fell 0.88 percent as Trump rejected a proposed framework to ease tensions with Iran.
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US stocks reach records even as the Middle East rattles global supply chains
The S&P 500 has hit new highs in 2026 driven by AI-linked earnings growth, with large-cap tech outperforming across the board while commodities and credit spreads reflect the risk of a longer supply chain disruption from the Iran conflict.