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SPY4,892.35+0.26%
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IWM1,982.33+0.29%
GLD189.45-0.40%
USO76.45+1.64%
TLT92.18-0.22%
SPY4,892.35+0.26%
DIA38,654.22+0.23%
QQQ17,234.56-0.14%
IWM1,982.33+0.29%
GLD189.45-0.40%
USO76.45+1.64%
TLT92.18-0.22%
Headlines
Financial TimesWalmart shares tumble as sales growth slows to six-year lowFinancial TimesThe US Treasury is buying long bonds, but not very manyBloomberg MarketsUS Housing Affordability Gauge Worsens for First Time Since 2023Bloomberg MarketsBessent’s Treasury Twist Clouds Warsh’s Plea to ‘Play the Ball’Financial TimesNvidia looks well placed to benefit from the next stage of the AI boomBloomberg MarketsClearlake’s FinThrive Posts Earnings Drop, Taps Line of CreditBloomberg MarketsCiti Turns Negative on Dollar After Warning on US Buyback RiskBloomberg MarketsUS Set to Cut Tariffs on Canada Metals, Autos in Trade DealFinancial TimesUS long-term bonds slide as Bessent intervention fails to soothe investorsEconbrowser“I am the king of debt. I do love debt. I love debt.”Financial TimesWalmart shares tumble as sales growth slows to six-year lowFinancial TimesThe US Treasury is buying long bonds, but not very manyBloomberg MarketsUS Housing Affordability Gauge Worsens for First Time Since 2023Bloomberg MarketsBessent’s Treasury Twist Clouds Warsh’s Plea to ‘Play the Ball’Financial TimesNvidia looks well placed to benefit from the next stage of the AI boomBloomberg MarketsClearlake’s FinThrive Posts Earnings Drop, Taps Line of CreditBloomberg MarketsCiti Turns Negative on Dollar After Warning on US Buyback RiskBloomberg MarketsUS Set to Cut Tariffs on Canada Metals, Autos in Trade DealFinancial TimesUS long-term bonds slide as Bessent intervention fails to soothe investorsEconbrowser“I am the king of debt. I do love debt. I love debt.”
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Financial news that explains what it means for YOUR wallet. Not Wall Street jargon. Real impact on your 401(k), mortgage, and job.

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Daily Briefing

Data from Thursday, August 20, 2026
Current as of 6:18 PM

U.S. equity markets closed higher Thursday, August 20, 2026, with the S&P 500 advancing 0.26% to 4892.35. The Dow Jones Industrial Average added 0.23%, while the technology-heavy NASDAQ 100 lost 0.14%. Market breadth was positive with small-caps outperforming large-caps. The Russell 2000 rose 0.29%, suggesting improved risk appetite. In other asset classes, gold declined 0.40%. Treasury bonds fell as yields moved higher. In the headlines, investors focused on walmart shares tumble as sales growth slows to six-year low. --- *After-hours trading. Prices may differ from regular session close.*

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MarketsEconomyAll News
GlobalJust now

The US Treasury is buying long bonds, but not very many

Speaking loudly but wielding a teeny-tiny stick in

Financial Times
GlobalJust now

US Housing Affordability Gauge Worsens for First Time Since 2023

A key measure of US housing affordability worsened for the first time in almost three years, as higher borrowing costs soaked up a bigger chunk of earnings for new homebuyers.

Bloomberg Markets
GlobalJust now

Bessent’s Treasury Twist Clouds Warsh’s Plea to ‘Play the Ball’

Treasury Secretary Scott Bessent’s intervention to bring down long-term borrowing costs is another complication for the Federal Reserve as it grapples with whether to raise interest rates.

Bloomberg Markets
Global1h ago

Nvidia looks well placed to benefit from the next stage of the AI boom

The world’s biggest chip company is using its balance sheet to seed new markets and a new business model

Financial Times
Global1h ago

Clearlake’s FinThrive Posts Earnings Drop, Taps Line of Credit

Clearlake Capital Group’s FinThrive Inc. said earnings fell 17% in the second quarter, as it drew on a $150 million credit line to bolster liquidity, according to people with knowledge of the matter.

Bloomberg Markets
Global1h ago

Citi Turns Negative on Dollar After Warning on US Buyback Risk

Currency strategists at Citigroup Inc. turned bearish on the US dollar in the near term, as markets gear up for a less hawkish Federal Reserve, midterm elections and more debt buybacks from the US...

Bloomberg Markets
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Economic Snapshot

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GDP Growth Rate

2.4%+14.30%
Previous: 2.1%As of Q3 2024

Unemployment Rate

3.8%-2.60%
Previous: 3.9%As of Aug 2026

CPI Inflation (YoY)

3.2%-5.90%
Previous: 3.4%As of Aug 2026

Fed Funds Rate

5.3%0.00%
Previous: 5.3%As of Aug 2026

10-Year Treasury Yield

4.1%+0.98%
Previous: 4.1%As of Aug 2026

Consumer Sentiment

110.7+1.80%
Previous: 108.7As of Aug 2026
“As sure as the spring will follow the winter, prosperity and economic growth will follow recession.”
— Robert Foster Bennett

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Daily

Daily Briefing

Data from Thursday, August 20, 2026
Current as of 6:18 PM

U.S. equity markets closed higher Thursday, August 20, 2026, with the S&P 500 advancing 0.26% to 4892.35. The Dow Jones Industrial Average added 0.23%, while the technology-heavy NASDAQ 100 lost 0.14%. Market breadth was positive with small-caps outperforming large-caps. The Russell 2000 rose 0.29%, suggesting improved risk appetite. In other asset classes, gold declined 0.40%. Treasury bonds fell as yields moved higher. In the headlines, investors focused on walmart shares tumble as sales growth slows to six-year low. --- *After-hours trading. Prices may differ from regular session close.*

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