Market snapshot · Aug. 12, 2026 close
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Indexes, earnings and the trading day
The Dow added 518 points and the S&P 500 rose 0.43% to 7,674.37 as bond markets calmed, though all three indexes ended a turbulent week in the red with financials and crypto-linked shares leading the bounce.
A global rate spike drove long-term Treasury yields to their highest level since 2007, pulling the S&P 500 down for a third straight session and ending a three-week advance.
Western Digital rose 6% and Micron climbed 5% back above $1,000 as another prominent buyer described memory, not processors, as the constraint on artificial intelligence.
Wall Street eased on Friday after a preliminary read on consumer sentiment came in near 51, though the major indexes still closed out their strongest three-week stretch since the spring.
A tame consumer price report and a 2% drop in Brent crude carried the index to 7,798.99, its highest close ever, with the Nasdaq up 0.8% and the Dow adding 70 points.
The company removed some developer fees in the European Union to settle an antitrust dispute, while its streaming service posted its biggest launch ever — and the stock quietly outperformed most of Big Tech this year.
Berkshire's cash fell from a record $397 billion to about $365 billion in the second quarter as its new chief executive repurchased shares and bought equities for the first time in years.
The S&P 500's blended growth rate for the second quarter was the highest since 2021, with 86% of companies beating estimates, but stripping out Alphabet and Amazon cuts the figure to 28.8%.