Stock market today: Dow, S&P 500, Nasdaq futures gain in countdown to Nvidia earnings, Fed Jackson Hole summit

LIVE Stock market today: S&P 500, Nasdaq futures recover in countdown to Nvidia earnings, Fed Jackson Hole summit Grace O'Donnell · Editor, Special Projects Tue, August 25, 2026 at 10:05 AM GMT+2 1 min read NVDA ^DJI BTC-USD ^IXIC GC=F US stock futures searched for gains on Tuesday as investors weighed new trade measures against Canada and Iran, looming Nvidia ( NVDA ) earnings, and predictions for Kevin Warsh's first Jackson Hole speech as Fed chair. Futures on the Dow Jones Industrial Average ( YM=F ) were little changed. Those on the S&P 500 ( ES=F ) gained 0.

1%. Contracts for the Nasdaq-100 ( NQ=F ) rose 0. 4%, recovering from Monday's tech declines .

While US futures pointed higher, stocks in Asia broadly fell after Treasury Secretary Scott Bessent announced new sanctions on Iran and Nvidia posted its seventh consecutive daily loss. The price of bitcoin ( BTC-USD ), meanwhile, surged above $79,000 for the first time in three months after the Treasury's intervention in the bond market revived concerns about dollar debasement, sending investors to alternative assets . Gold ( GC=F ), too, has rallied in recent days but took a breather on Tuesday.

The latest economic data on new home sales, ADP's weekly employment change, and manufacturing activity is scheduled to be released on Tuesday in the lead-up to a PCE inflation reading on Wednesday. The data, painting a picture of current economic conditions, sets the stage for the Federal Reserve's Jackson Hole Symposium later this week, where Fed Chairman Warsh will deliver a speech. Intuit ( INTU ) and Zoom Communications ( ZM ) will deliver key reads on the software sector when they report earnings on Tuesday, and DICK's Sporting Goods ( DKS ) will offer insight into the retail space.

LIVE 6 updates 36 mins ago Grace O'Donnell Nvidia stock is on a 7-day losing streak ahead of its big earnings report Investors are dumping Nvidia ( NVDA ) heading into its closely watched earnings report on Wednesday evening, Yahoo Finance’s Brian Sozzi points out. He writes: Nvidia stock has fallen for seven straight trading days, per Yahoo Finance AlphaSpace data . The sell-off marks the stock's longest losing streak since 2022.

The stock has lost about 7% over this stretch, compared with a 1. 2% drop for the S&P 500 ( ^GSPC ). Chart showing that Nvidia has fallen for seven straight days, underperforming the S&P 500.

The Nvidia bulls may be looking to avoid one harsh reality, at least from a short-term perspective. Strong earnings reports haven't been too kind to Nvidia's stock of late. Nvidia stock has fallen in response to earnings in six of the past eight quarters, including the last four, per Yahoo Finance AlphaSpace analysis.

Read more. Today at 11:55 AM UTC Grace O'Donnell Dick's Sporting Goods stock tanks 14% after retailer cuts guidance Dick’s Sporting Goods ( DKS ) stock fell 14% in premarket trading after the retailer posted disappointing second quarter results and lowered its full-year outlook. The company said that competitors heavily discounting items, fewer product launches, and those launches underperforming expectations created “challenging conditions” for the retailer.

As a result, Dick’s slashed its full-year outlook for diluted earnings per share to $10. 94 to $11. 94, down from its previous forecast of $13.

27 to $14. 27. The 2026 net sales guidance of $21.

9 billion to $22. 2 billion was also cut from the previous $22. 1 billion to $22.

4 billion. The company maintained its same-store sales guidance for its Dick’s business at 2. 5% to 4.

0% growth, but slightly lowered expectations for Foot Locker's same-store sales growth to negative 2. 0% to 0. 0%.

In the most recent quarter, Dick’s reported comparable sales growth of 2. 1%, down from 2. 5% in the same quarter a year ago, with the Foot Locker business dragging down growth.

Second quarter adjusted earnings per share came in at $3. 53 on revenue of $5. 58 billion.

That missed Wall Street’s expectations of earnings of $3. 76 on revenue of $5. 64 billion, per S&P Global Market Intelligence.

Today at 11:00 AM UTC Jared Blikre Software is crushing chips by a record margin Software stocks are near record highs. Chips are still stuck in a bear market — except Nvidia ( NVDA ) never really joined them. The handoff happened almost to the day.

Chip stocks peaked on June 22. Software bottomed right around then, kicking off a multitrillion-dollar reversal that has sent the two groups in almost perfectly opposite directions. Strip out the megacaps, and the symmetry is wild.

The equal-weight SPDR S&P Software & Services ETF ( XSW ) is up about 24% since then, while the equal-weight SPDR S&P Semiconductor ETF ( XSD ) is down about 24%. That near-50-percentage-point gap is the widest comparable software-over-chips move in the ETFs' history back to 2011. And this is not an index quirk.

The equal-weighted software ETF has surged while the equal-weighted chip ETF has tumbled, creating a record gap of nearly 50-percentage points. · Yahoo Finance AlphaSpace Read more. Today at 10:00 AM UTC Grace O'Donnell Why the US and Canada have been reluctant to hit the oil switch in their trade spat Yahoo Finance’s Jake Conley reports: A breakdown in trade negotiations between the US and Canada over the weekend led Washington to impose a 50%  tariff on a wide range of Canadian goods, including furniture, dairy, electrical products, and plywood.

But the tariffs specifically exclude one of the most critical products crossing the border between the two countries: crude oil. The US is by far the largest buyer of Canadian crude , accounting for 90% of Canada's crude exports in 2025, or roughly 126 billion Canadian dollars of a total CA$140 billion. The dependence runs in both directions: Canada supplied roughly 63% of all US crude imports last year.

Those figures reflect a North American oil industry that has become deeply integrated over decades, particularly between Alberta's oil fields and US refineries. Read more. A view of the Canadian Natural Resources Limited' (CNRL) Horizon oil sands project, north of the indigenous community of Fort McKay in Alberta, Canada, on May 5, 2026.

(LEMELIN / AFP via Getty Images) · DAPHNE LEMELIN via Getty Images Today at 9:00 AM UTC Grace O'Donnell Good morning. Here's what's happening today. Economic data: ADP weekly employment change, week ended Aug.

8; Philadelphia Fed non-manufacturing activity, August (7. 4 previously); FHFA house price index, month-on-month, June (+0. 3% previously); Richmond Fed manufacturing index, August (5 previously); Richmond Fed business conditions, August (-5 previously); New home sales, month-on-month, July (+1.

6% previously); Conference Board consumer confidence, August (90. 8 previously); Conference Board present situation, August (114. 9 previously); Conference Board expectations, August (74.

7 previously) Earnings calendar: Bank of Montreal ( BMO. TO ), Intuit ( INTU ), Zoom Communications ( ZM ), DICK's Sporting Goods ( DKS ) Catch up on some stories you might have missed overnight: Nvidia's valuation looks surprisingly cheap heading into earnings. Could it be an issue for the stock?

Oura is reportedly eyeing a September IPO that could value it at more than $16B Asian stocks under pressure after US tech selloff SEC subpoenas Wall Street banks over Situational Awareness Trump devises new $100,000 H-1B visa fee after defeat in court Today at 8:00 AM UTC Grace O'Donnell Oil steadies as investors weigh impact of latest US sanctions on Iran Reuters reports: Oil prices recovered ground on Tuesday after settling down more than 2% in the previous session, with investors assessing the impact of the latest U. S. ‌sanctions against Iran.

Brent crude futures rose 27 cents, or 0. 3%, to $92. 44 a barrel by 0330 GMT, while U.

S. ‌West Texas Intermediate crude was up 37 cents, or 0. 4%, at $85.

38. Both contracts settled lower on Monday, with U. S.

crude oil falling to a one-week ​low on profit taking after prices rallied over the previous two weeks. "The market seems largely unfazed by Washington's push for tighter economic pressure on Iran, with traders treating the U. S.

effort to nudge partners away from Iranian trade as marginal rather than market moving," said ING commodity strategists in a note on Tuesday. Read more.