Market Week

Wendy's Weekly STOCK MARKET Report "Wall Street ended last week on solid footing" Presented by Wendy Nelson

 

Market Week: August 10, 2026

The Markets (as of market close August 7, 2026)

Wall Street ended last week on solid footing, with each of the benchmark indexes listed here posting notable weekly gains, capped by a Friday rally. The market was buoyed by strong Q2 corporate earnings results and a cooler-than-expected labor report, which quelled immediate fears of aggressive monetary tightening in the near term. Ten-year Treasuries fell following the jobs report. Among the market sectors, information technology, consumer discretionary, materials, and communication services outperformed, while utilities, energy, and real estate lagged. Gold and other precious metals rallied on a weakening dollar and falling bond yields. Crude oil prices fluctuated throughout the week amid ongoing tension in the Strait of Hormuz. However, a potential agreement between Iran and Oman helped drive crude oil prices down at the end of last week.

 

  • STOCK MARKET INDEXES
  • LAST WEEK'S ECONOMIC NEWS
  • EYE ON THE WEEK AHEAD

 

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