🔔 Stock Mornings← All issues
Nasdaq 26,691 Β· Market momentum continues; inflation data next focus ‌ ‌ ‌ ‌ ‌
🔔
Stock Mornings
Your weekday pre-market read on US stocks.
Issue #35 Β· Monday, August 10, 2026
Volatility (VIX)  Cautious Β· 15.5  β–² from 14.9 yesterday
Worth noting  SpaceX (SPCX) moved +15.83% on the day.
S&P 500 and Nasdaq extended gains on strong weekly momentum, with traders monitoring geopolitical developments and upcoming inflation data.
 
 

●  The Numbers

S&P 5007,757.64  +0.62%
+3.58% this week
Nasdaq Composite26,690.62  +1.30%
+5.19% this week
Dow Jones54,036.93  +0.28%
+2.96% this week
Russell 20003,034.49  +1.10%
+3.52% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

●  The Movers

Leaders

SPCX SpaceX+15.83%
TSLA Tesla+2.83%
NVDA Nvidia+2.27%

Laggards

GOOGL Alphabet-0.96%
MSFT Microsoft+0.03%
^DJI Dow Jones+0.28%

The day's best and worst of the tracked indices and mega-caps Β· day-over-day change.

●  The Read

S&P 500 β€” description, not prediction

Trading above both its 50-day (7,494.24) and 200-day (7,050.03) averages β€” the longer-term trend reads as up. 30-day range 7,316.15–7,757.64; currently in the upper third of that range. RSI(14) 70 β€” momentum firm.

See where every market sits on the daily page β†’

●  The Brief

 Market momentum continues; inflation data next focus

Stocks are coming off their best week since April with the S&P 500 hitting an all-time closing high Friday. Traders are watching for economic data and geopolitical developments that could influence Federal Reserve policy. (CNBC)

 Weaker job market may support Fed rate cuts

A cooling labor market with contained wage inflation could give the Federal Reserve room to cut interest rates, potentially benefiting stock valuations by lowering borrowing costs. (MarketWatch)

 U.S. backs Australian rare earth mining investment

The Trump administration is funding an Australian scandium mine to reduce dependence on China's critical minerals, affecting supply chains across defense and tech sectors. (CNBC)

 Resmed shares drop on cautious forward guidance

The medical device maker's stock fell seven percent after issuing a soft fiscal 2027 outlook, signaling investor concerns about company growth prospects ahead. (Yahoo Fin)

Partner

The charts we read every morning

TradingView is the charting platform a lot of "The Read" leans on β€” live charts, screeners and alerts for stocks, indexes and the VIX. New to it? This link puts toward a paid plan.

Try TradingView β†’

Markets 101

Are half-days real?

Yes β€” around certain holidays (like the day after Thanksgiving and Christmas Eve) US markets close early at 1:00pm ET. Full holidays close the whole day; we skip those mornings.

β€œMarkets are a description of today, not a forecast of tomorrow.”

Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk β€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

Forwarded this email? Get your own free β†’

Part of the Mornings family from SolutionC LLC  ·  Gold Mornings  ·  Coin Mornings  ·  ▶ YouTube

stockmornings.com

← All issues  ·  stockmornings.com