Omega — Week of Aug. 22, 2026

As of August 2026, the S&P 500 and Nasdaq indices have shown resilience, with the S&P 500 up approximately 14% year-to-date and recently reaching a record high of 7,799. The Nasdaq has also performed well, gaining around 15%. Recent market sentiment has been buoyed by tame inflation reports and upbeat earnings, which have alleviated concerns over potential rate hikes. The latest inflation rate stands at 3.4%, with the Federal Reserve holding interest rates steady at 3.5% to 3.75%. This economic backdrop continues to support a favorable market environment for growth stocks.