Defensives Hold the Line While Tech Digests

by | Aug 24, 2026

S&P 500 slips 0.3% as financials, staples, and utilities lead; semiconductors remain soft ahead of Nvidia’s report and Jackson Hole. SPY closed at $763.54, down 0.28% on the session and further from its early-August peak. QQQ finished near $706–710, off roughly...

Tape Firms on Friday Rebound

by | Aug 23, 2026

Indexes trim weekly losses as materials and healthcare provide selective leadership after a pressure-filled week. The major averages closed higher on Friday, August 21, recovering a portion of the week’s damage. SPY finished at 765.72, up 0.41 percent. QQQ closed at...

Indexes Slip as Yields Press Higher

by | Aug 20, 2026

SPY and QQQ ease lower while IWM underperforms on the session. Equities finished lower Thursday as Treasury yields continued climbing, weighing on risk assets despite the Treasury’s ongoing debt operations. SPY closed near 762.60–763.20, down roughly 0.8% from...

Healthcare Leadership Steadies the Tape

by | Aug 19, 2026

SPY grinds higher while biotech catalyst and FOMC minutes set the tone; QQQ lags, IWM holds firm. The session closed with a measured advance in the broad market after the prior day’s tech pressure. SPY finished near 769.10, up roughly 0.22 percent on the day,...

Chip Rout and Rising Yields Weigh on the Tape

by | Aug 18, 2026

Indexes closed lower with Nasdaq leading the decline as semiconductors sold off hard and Treasury yields pushed higher amid oil strength and lingering geopolitical tension. SPY finished the session near 767.5, down roughly 0.7% from Monday’s close. QQQ absorbed the...

Tape Eases Under Selective Pressure

by | Aug 17, 2026

Indexes closed modestly lower with light relative volume as hardware names continued to distinguish themselves from the broader tape. The major averages finished the Monday session under mild pressure. SPY closed at 772.67, down 0.47 percent. QQQ ended at 729.87, off...