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Nasdaq 26,729 Β· Home Depot Q2 beats, maintains full-year guidance ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #41 Β· Tuesday, August 18, 2026
Volatility (VIX)  Cautious Β· 15.7  β–² from 14.3 yesterday
Major indices edged lower in cautious trading as earnings season continues and mega-cap growth stocks face headwinds.
 
 

●  The Numbers

S&P 5007,785.76  -0.17%
+0.36% this week
Nasdaq Composite26,729.16  -0.28%
+0.14% this week
Dow Jones53,732.41  -0.20%
-0.56% this week
Russell 20003,068.42  +0.51%
+1.12% this week

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

●  The Movers

Leaders

TSLA Tesla+0.68%
^RUT Russell 2000+0.51%
AAPL Apple+0.22%

Laggards

AMZN Amazon-0.94%
SPCX SpaceX-0.91%
META Meta-0.86%

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 (7,512.39) and 200-day (7,074.90) averages β€” the longer-term trend reads as up. 30-day range 7,316.15–7,798.99; currently in the upper third of that range. RSI(14) 75 β€” traditionally described as overbought.

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

●  The Brief

 Home Depot Q2 beats, maintains full-year guidance

Home Depot reported better-than-expected second-quarter earnings and reaffirmed its full-year outlook, signaling resilience in consumer spending on home improvement despite economic uncertainty. (Yahoo Fin)

 Anthropic revenue run rate reaches $65 billion pre-IPO

AI startup Anthropic disclosed its annual revenue run rate hit $65 billion, providing rare transparency ahead of its anticipated initial public offering and demonstrating AI market momentum. (Yahoo Fin)

 Vanguard ETF outperforms S&P 500 without Magnificent Seven

A Vanguard exchange-traded fund has beaten the S&P 500 and Nasdaq-100 without holding any Magnificent Seven stocks, highlighting how diversification beyond mega-cap tech can drive returns. (Yahoo Fin)

 MAI Capital acquires Atlanta-based RIA Waypoint Wealth

MAI Capital Management acquired Waypoint Wealth Counsel, an Atlanta registered investment advisor, continuing consolidation in the independent advisory industry as larger firms acquire smaller competitors. (Yahoo Fin)

Partner

The charts we read every morning

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Markets 101

What's a dividend?

A cash payment some companies send shareholders from their profits, usually quarterly. Many fast-growing tech firms pay none, reinvesting instead; older firms often pay steady ones.

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.

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