Nasdaq, S&P end lower as tech stocks fall
The Nasdaq, S&P 500, and Dow Jones ended lower on Tuesday. Alphabet and Amazon shares dipped as investor optimism regarding a Middle East peace deal faded. Markets are reacting to a combination of rising crude oil prices, which have fueled inflation concerns, and a Bureau of Labor Statistics report showing the US economy lost 23,000 jobs in July. This labor weakness missed expectations for a gain of 85,000 jobs. Global sentiment remains volatile, with the Indian BSE Sensex falling over 380 points and the NSE Nifty50 closing below 24,480.
What changed
Wall Street losses are now linked to fading optimism over a Middle East stability deal and specific declines in Alphabet and Amazon shares.
Live updates
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US Indices Decline as Middle East Pessimism and Inflation Fears Rise
The Nasdaq, S&P 500, and Dow Jones ended lower on Tuesday. Alphabet and Amazon shares dipped as investor optimism regarding a Middle East peace deal faded. Markets are reacting to a combination of rising crude oil prices, which have fueled inflation concerns, and a Bureau of Labor Statistics report showing the US economy lost 23,000 jobs in July. This labor weakness missed expectations for a gain of 85,000 jobs. Global sentiment remains volatile, with the Indian BSE Sensex falling over 380 points and the NSE Nifty50 closing below 24,480.
Why it matters
The current volatility stems from a clash between geopolitical instability in the Middle East and domestic US economic data. Investors are monitoring these factors to predict Federal Reserve interest rate movements. A potential shift in oil prices and upcoming producer-price data are critical variables for inflation forecasting.
What is confirmed
- The US economy lost 23,000 jobs in July, missing the expected gain of 85,000.
- The Nasdaq and S&P 500 ended lower.
- The BSE Sensex ended over 380 points down and the NSE Nifty50 closed below 24,480.
Still unconfirmed
- Treasuries advanced as oil prices fell ahead of producer-price data.
What to watch next
- Release of US producer-price data
- Federal Reserve decisions on interest rates
- Developments regarding a US-Iran peace deal
confidence 80%Sources used for this update (8)
- timesofindia.indiatimes.com — Stock Market Today Highlights: BSE Sensex ends over 380 points down, NSE Nifty50 closes below 24,480
- economictimes.indiatimes.com — Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks end lower as optimism over Iran peace deal fades
- news24online.com — [Dow Jones, Nasdaq] US Stock Market Today: Dow Jones, Nasdaq, S&P 500 fall as rising crude oil prices fuel inflation fears
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US Job Losses and Tech Slump Drag Down Global Markets
The US economy lost 23,000 jobs in July, missing the expected gain of 85,000, according to the Bureau of Labor Statistics. This labor data coincides with a decline in Wall Street tech giants, triggering a sell-off in Asian markets. South Korea's Kospi fell more than 4%. While the Nasdaq and S&P 500 ended lower, some markets showed resilience. Australian shares reached a record high, supported by a 2.2 per cent jump in mining companies driven by optimism over US-Iran relations.
Why it matters
This volatility follows a brief rally on August 3 and 4 fueled by Middle East peace hopes and AI forecasts. The shift from record highs to job losses suggests a fragile recovery. Market stability now depends on whether labor weakness outweighs geopolitical optimism.
What is confirmed
- The US lost 23,000 jobs in July.
- The Bureau of Labor Statistics reported unemployment fell to 4.1%.
- South Korea's Kospi dropped more than 4%.
Still unconfirmed
- Mining companies rose 2.2 per cent to their highest level since June 19 due to US-Iran optimism.
- Australian shares hit a record high.
What to watch next
- Federal Reserve response to the July jobs report
- Further movement in US-Iran diplomatic relations
- Upcoming corporate earnings from Big Tech giants
confidence 90%Sources used for this update (5)
- www.afr.com — ASX opens at record high; AMP, REA lift on results
- www.businesstimes.com.sg — Australian shares hit record high as miners rally on US-Iran optimism
- www.clickorlando.com — Asian shares are mostly lower as Kospi falls 4% and tech giants decline on Wall Street
- 247wallst.com — Retirees Get a $12,000 Deduction in 2026. Pair It With the 14% Income Fund the IRS Barely Touches
- www.businessinsider.com — The US lost a shocking 23,000 jobs in July
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US Job Losses and Tech Slump Drag Global Markets Lower
The US economy lost 23,000 jobs in July, missing expectations of 85,000 gains, according to the Bureau of Labor Statistics. This labor market weakness coincides with a decline in Wall Street tech stocks, which triggered a broader selloff in Asia. South Korea's Kospi dropped more than 4% as tech giants fell. While US indices retreated, Australian shares reached a record high, supported by a 2.2 per cent jump in mining companies fueled by optimism over US-Iran relations.
Why it matters
This volatility follows a rally on August 3 and 4 driven by Middle East peace hopes and AI forecasts. The shift suggests market focus has moved from geopolitical optimism to domestic economic data and tech valuations.
What is confirmed
- The US lost 23,000 jobs in July.
- The Bureau of Labor Statistics reported that unemployment fell to 4.1%.
- South Korea's Kospi dropped more than 4%.
Still unconfirmed
- Australian mining companies jumped 2.2 per cent to their highest level since June 19.
- Australian shares hit a record high.
What to watch next
- Further Bureau of Labor Statistics data on wage growth
confidence 90%Sources used for this update (5)
- www.afr.com — ASX opens at record high; AMP, REA lift on results
- www.businesstimes.com.sg — Australian shares hit record high as miners rally on US-Iran optimism
- www.clickorlando.com — Asian shares are mostly lower as Kospi falls 4% and tech giants decline on Wall Street
- 247wallst.com — Retirees Get a $12,000 Deduction in 2026. Pair It With the 14% Income Fund the IRS Barely Touches
- www.businessinsider.com — The US lost a shocking 23,000 jobs in July
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US Stocks Rally as Middle East Peace Hopes Boost Tech
US stocks surged on August 3 and 4, 2026, driven by optimism over a Middle East peace deal and positive AI forecasts. The Dow Jones Industrials reached a record closing high, gaining over 800 points or 1.54% to close at 53,995.33. The Nasdaq Composite rose 1.70% and the S&P 500 increased 1.21%. This rally follows a volatile July where inflation fears and rising oil prices created market instability. Current sentiment is bolstered by declining Treasury yields and lower oil prices linked to easing US-Iran tensions.
Why it matters
The market is reacting to a shift from inflation-driven fear to geopolitical optimism. Earlier volatility in July was tied to high oil prices and inflation concerns. Now, potential de-escalation between the US and Iran is influencing energy costs and investor confidence.
What is confirmed
- The Dow Jones Industrials closed at a record high of 53,995.33, an increase of 1.54%.
- The Nasdaq Composite gained 1.70% and the S&P 500 advanced 1.21%.
- US stocks rose at the end of July despite concerns that rising oil prices would keep inflation high.
Still unconfirmed
- The ASX is expected to slip following Wall Street movements.
- Meta Platforms quarterly results were better than some reports indicated.
What to watch next
- Confirmation of a formal peace deal between the US and Iran
- Further economic data affecting Treasury yields
- Upcoming quarterly earnings reports for Big Tech firms
confidence 90%Sources used for this update (8)
- www.smh.com.au — ASX set to slip; Amazon soars, Apple sinks on Wall Street
- www.aol.com — Is Meta Platforms Stock a Buy on the Dip as Revenue Surges?
- www.theglobeandmail.com — Fear Is Driving the Stock Market. Warren Buffett Has 6 Words for Moments Exactly Like This.
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- economictimes.indiatimes.com — Dow Jones| Nasdaq | US Stock Market Today | Live: Dow soars over 700 pts to end at record close as Big Tech surges, Mideast deal hopes grow
- consent.yahoo.com — Trump threatens Iran with "decapitation" as Houthis claim strike on Saudi airport
- economictimes.indiatimes.com — Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq jumps 2% as tech stocks power Wall Street rally on Iran peace hopes
- www.theglobeandmail.com — Has Canada’s biotech moment finally arrived?
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US Stocks Rally as Middle East Peace Hopes Boost Tech
US stocks rose sharply on August 4, with the Dow Jones Industrial Average climbing more than 800 points, or 1.54%, to close at 53,995.33. The Nasdaq Composite increased 1.70% and the S&P 500 grew 1.21%. Positive AI forecasts and optimism regarding a Middle East peace deal drove the rally. This follows a strong start to August where the Dow reached a record close as easing US-Iran tensions lowered Treasury yields and oil prices.
Why it matters
Wall Street had experienced a volatile July characterized by significant fluctuations and concerns over inflation. Recent shifts in geopolitical tensions between the US and Iran have directly influenced oil prices and investor sentiment.
What is confirmed
- The Dow Jones Industrial Average rose more than 800 points, or 1.54%, to 53,995.33.
- The Nasdaq Composite gained 1.70% and the S&P 500 advanced 1.21%.
- Hopes for a Middle East peace deal and AI forecasts boosted market sentiment.
Still unconfirmed
- The Dow reached a record close as signs of de-escalating US-Iran tensions pulled down oil prices and Treasury yields.
- Amazon shares leaped while Apple shares sank at the end of July.
- The ASX was set to slip following Wall Street movements.
- Meta Platforms reported quarterly results better than some reports suggested.
What to watch next
- Official confirmation of a US-Iran peace deal
- Upcoming economic data and earnings reports for Big Tech companies
confidence 90%Sources used for this update (8)
- www.smh.com.au — ASX set to slip; Amazon soars, Apple sinks on Wall Street
- www.aol.com — Is Meta Platforms Stock a Buy on the Dip as Revenue Surges?
- www.theglobeandmail.com — Fear Is Driving the Stock Market. Warren Buffett Has 6 Words for Moments Exactly Like This.
- ca.finance.yahoo.com — Uber Technologies, Inc. UBER Stock Forecast & Price Target
- economictimes.indiatimes.com — Dow Jones| Nasdaq | US Stock Market Today | Live: Dow soars over 700 pts to end at record close as Big Tech surges, Mideast deal hopes grow
- consent.yahoo.com — Trump threatens Iran with "decapitation" as Houthis claim strike on Saudi airport
- economictimes.indiatimes.com — Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq jumps 2% as tech stocks power Wall Street rally on Iran peace hopes
- www.theglobeandmail.com — Has Canada’s biotech moment finally arrived?
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US stocks rise Friday as Amazon leaps and Apple sinks
US stocks rose Friday to conclude a volatile July. Amazon shares leaped while Apple shares sank. Market gains occurred despite rising oil prices, which increased investor concerns that inflation will remain high. These movements follow a month of significant fluctuations for Wall Street.
Why it matters
The market is reacting to a combination of individual corporate performance and macroeconomic pressures. Rising energy costs are currently fueling fears regarding persistent inflation. This activity follows a period of volatility in the tech sector.
What is confirmed
- US stocks rose Friday.
- Amazon shares leaped.
- Apple shares sank.
- Rising oil prices increased worries about inflation staying high.
What to watch next
- Upcoming inflation data reports
- Further movements in oil prices
confidence 100%Sources used for this update (3)
- www.arkansasonline.com — Stocks end wild July as Amazon soars, Apple sinks
- www.latimes.com — Stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen
- www.bostonherald.com — Ticker: US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen
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Nasdaq, S&P end lower as tech stocks fall
US stocks saw a mixed close on Friday, with the Dow Jones rising while the Nasdaq and S&P fell. Tech stocks declined amid investor caution about AI chip spending and competition from China. Microsoft's recent surge, fueled by a strong forecast, has led a rebound in some tech stocks.
What's confirmed:
- The Dow Jones rose while the Nasdaq fell on Tuesday.
- Investors are cautious about AI chip stocks due to high corporate spending and competition from China.
- Apple reached a $5T market cap.
- Wall Street ended sharply higher on Thursday, with chip stocks jumping and Microsoft soaring after the technology giant gave a stellar forecast.
- Microsoft's best day since 2008 led a powerful rebound on Wall Street.
- Global stocks diverge as energy rallies, AI-linked tech and luxury shares sink.
- Nasdaq rallies 2.5% on Microsoft's AI proof.
confidence 50%Sources used for this update (5)
- Dow Jones| Nasdaq | US Stock Market Today | Live: US market ends sharply higher as Microsoft rally fuels strong gain
- Microsoft’s best day since 2008 leads US stocks, while inflation worries remain in the bond market
- Oil prices surge while US stocks fall as Fed keeps rates unchanged
- Nasdaq Index: Can Amazon and Apple Extend Microsoft’s Tech Rebound After Close?
- Worried About the Stock Market? This Is Warren Buffett's Best Investing Advice.
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US Markets Mixed as AI Spending Concerns Drag Tech Stocks
The Dow Jones rose while the Nasdaq fell on Tuesday. Investors are cautious about AI chip stocks due to high corporate spending and competition from China. Apple reached a $5T market cap.
What's confirmed:
- The Dow Jones Industrial Average ended with gains.
- The Nasdaq Composite fell 0.2%.
- The Nasdaq 100 fell 1%.
- Investors are concerned about corporate spending on AI and competition from China.
Still unconfirmed:
- Apple hit a $5T market cap.
- Wall Street stocks rose behind a pull-back in oil prices.
- The Dow Jones rose nearly 550 points.
confidence 90%Sources used for this update (4)
- Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq falls over 1% as AI concerns mount ahead of Big Tech earnings
- Explained - Why Dow Jones rose nearly 550 points on Tuesday but Nasdaq 100 fell 1%
- US stocks mixed as chip sell-off fuels fresh concerns over AI spending
- Wall Street stocks end mixed as oil prices fall
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Nasdaq and S&P 500 Close Lower Amid Tech Sell-Off
The Nasdaq and S&P 500 ended lower on Wednesday as tech stocks fell due to concerns over AI valuations and spending. The Dow Jones Industrial Average rose 187.97 points to 51,854.81. Markets later saw after-hours recovery following strong earnings from Micron.
What's confirmed:
- The Nasdaq and S&P 500 closed lower on Wednesday.
- The Dow Jones Industrial Average rose 187.97 points, or 0.36 per cent, to 51,854.81.
- Tech stocks declined for two consecutive days.
- The sell-off was driven by concerns regarding AI spending and valuations.
- The South Korean market plunged 10%.
- S&P 500 and Nasdaq indices recovered after-hours following strong Micron earnings.
Still unconfirmed:
- A total of $1.3 trillion was lost in a rout caused by AI jitters.
- The current tech sell-off may be a blip.
- Oil prices fell to Iran War lows.
confidence 90%Sources used for this update (29)
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- Stock futures mixed ahead of Micron earnings as traders debate how far tech sell-off will go, Kospi jumps over 3%: Live updates
- Tech Stocks Set to Bounce After $1.3 Trillion Rout on AI Jitters
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- US stocks rise as falling oil prices ease pressure on the market
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- Stock Market Today: S&P 500, Nasdaq Turn Lower as Tech Shares Give Up Early Gains; Oil Prices Fall to Iran War Low