← Back to News

Stock Market Midday, Aug. 24: Dow Edges Higher as Chip Weakness Pressures Nasdaq

neutralMarket moveMulti dayYahoo Finance ·24 Aug 2026Original article ↗
Oraklio AI Analysis

The article flags Nvidia’s pre-earnings weakness as a near-term driver tied to upcoming earnings and sector risk sentiment.

Article

Stock Market Midday, Aug. 24: Dow Edges Higher as Chip Weakness Pressures Nasdaq Emma Newbery, The Motley Fool Mon, August 24, 2026 at 6:35 PM GMT+2 2 min read GC=F ^DJI AAOI ^GSPC ^IXIC As of 11:37 AM ET, the Dow Jones Industrial Average (DJINDICES:^DJI) is up 0. 27% to 53,419.

17, outperforming the S&P 500 (SNPINDEX:^GSPC), which is down 0. 23% to 7,656. 50, and the Nasdaq Composite (NASDAQINDEX:^IXIC), which has slipped 0.

44% to 26,066. 56 as tech-sector volatility offsets blue chip gains. Gold is up 1.

20% to $4,671. 09, while the 10-Year Treasury yield is down 0. 04% to 4.

69%. Communication Services and financials lead sector gainers relative to lagging technology, energy, and industrial stocks. Today's biggest moves Applied Optoelectronics plunged 11% this morning after announcing a $600 million equity offering, while PDD Holdings , the parent company of Pinduoduo, which owns popular online retailer Temu, rose, then fell following its quarterly earnings.

Nvidia Corporation slid ahead of this week's earnings. What this means for investors Last week's bond market sell-off and uncertainty about what shape U. S.

sanctions against Iran might take continue to pressure markets. The Dow held strong while semiconductors weighed on the Nasdaq this morning, suggesting investors are rotating out of riskier tech stocks and into blue chips. This week will see high-stakes earnings from Nvidia, CrowdStrike , and Marvell Technology, as well as further inflation and consumer confidence data.

Plus, there's the annual Jackson Hole Economic Symposium in Wyoming, where Federal Reserve Chair Kevin Warsh is due to speak on Friday. Investors can expect further volatility as traders watch for guidance on how the Fed might handle stubborn inflation and gauge artificial intelligence (AI) spending and demand. Should you buy stock in S&P 500 Index right now?

Before you buy stock in S&P 500 Index, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the  10 best stocks for investors to buy now… and S&P 500 Index wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004...

if you invested $1,000 at the time of our recommendation,  you'd have $429,223 ! * Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,317,883 !

* Now, it's worth noting  Stock Advisor's total average return is 965% — a market-crushing outperformance compared to 212% for the S&P 500.  Don't miss the latest top 10 list, available with  Stock Advisor , and join an investing community built by individual investors for individual investors. Story Continues See the 10 stocks » *Stock Advisor returns as of August 24, 2026.

Emma Newbery has positions in CrowdStrike, Marvell Technology, and Nvidia. The Motley Fool has positions in and recommends CrowdStrike, Marvell Technology, and Nvidia. The Motley Fool has a disclosure policy .

Stock Market Midday, Aug.

Oraklio AI Trading Intelligence

News is just the start.

Oraklio turns news, price data, and market signals into structured BUY / SELL / NO_TRADE calls - updated continuously throughout the trading day.

Get started free

Already have an account? Sign in →