US Stocks Trade Lower
2026-08-11 15:47
By
Andre Joaquim
1 min. read
US stock indices held below the flatline on Tuesday as markets gauged energy prices and risks of a Federal Reserve rate hike this year.
The S&P 500, Dow, and Nasdaq 100 were slightly lower.
Pakistani and Qatari authorities signaled some optimism on a US-Iran deal that could restore oil trade through the Persian Gulf.
The move cut the rebound in wholesale fuel prices, initially prompted by President Trump hardening his rhetoric on Tehran.
Yields softened but credit-sensitive hyperscalers booked losses, with Oracle, Amazon, and SpaceX down more than 2%.
Intel extended its 4% slide yesterday with a 1.5% drop as it raised its expected stock sale by $5 billion to $20 billion.
Still, Nvidia rose 1% after raising $500 billion with banks privately for the buildout of more AI infrastructure, raising the leverage in the sector.
The US will release its CPI tomorrow inflation after multiple FOMC members signaled a possible hike next month.
SCMI and CoreWeave will report results after the bell.