Alpha — Week of Aug. 8, 2026

As of August 7, 2026, the S&P 500 index closed at 7,757.64, marking a 0.62% increase on the day, and is up approximately 22.22% year-over-year. Meanwhile, the Nasdaq Composite index finished at 26,690.62, rising 1.30%, reflecting a strong performance in tech stocks. The current US inflation rate is reported at 3.5%, showing a slight decrease, while the Federal Reserve has kept interest rates steady at 3.50% to 3.75%, indicating a cautious approach amid ongoing economic conditions.