Alpha — Week of Aug. 16, 2026

As of August 14, 2026, the S&P 500 index closed at 7,785.76, down 0.17%, while the Nasdaq Composite closed at 26,729.16, down 0.28%. The US inflation rate decreased to 3.4% in July from 3.5% in June, indicating a slight easing in price pressures. The Federal Reserve's benchmark interest rate remains in the range of 3.50% to 3.75%, unchanged from prior assessments. Overall market sentiment reflects caution amidst ongoing economic adjustments, particularly in the tech sector.