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S&P 500 posts back-to-back losses, weighed down by tech sell-off and Iran uncertainty

Live updates

The S&P 500 fell on Tuesday, bogged down by key technology stocks, as hopes among investors that the the Strait of Hormuz would reopen faltered, exacerbating lingering doubts that the U.S. and Iran can reach a broader resolution to the conflict.

The broad market index lost 0.32%, dropping for a second day and closing at 7,728.20. The Nasdaq Composite fell 0.60% to 26,445.45. The Dow Jones Industrial Average shed 184.13 points, or 0.34%, to end at 53,791.85.

Communication services was the leading S&P 500 laggard, falling more than 2% as Alphabet and AppLovin shares dropped 3.8% and nearly 6%, respectively. Alphabet shares have been under pressure recently, notching their fourth losing session in five, since Google announced last week that itโ€™s reshuffling its artificial intelligence divisions.


https://www.cnbc.com/2026/08/10/stock-market-today-live-updates.html?__source=androidappshare
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#USMarketUpdate
Wall Street ends down as US-Iran peace optimism fades | Reuters

SUMMARY
Sportswear brand On tumbles after second-quarter results
S&P 500 -0.32%, Nasdaq -0.60%, Dow -0.34%

Aug 11 (Reuters) - Wall Street ended lower on Tuesday, with Amazon and Alphabet dipping, as investors became more pessimistic about a potential โ€‹deal to bring stability to the Middle East.

The Strait of Hormuz will remain closed as long โ€Œas the U.S. does not change its behavior and accept Iran's conditions to end the war, the newly appointed secretary of Iran's Supreme National Security Council said.

Brent crude futures held near one-week highs in choppy trading, while the S&P 500 energy sector index (.SPNY), opens new tab climbed 1.1%.

Amazon (AMZN.O), opens new tab dipped 2.1% and Alphabet (GOOGL.O), opens new tab fell 3.8%, both weighing โ€‹on the S&P 500 and Nasdaq. SpaceX (SPCX.O), opens new tab declined almost 4%.

Alternative asset managers rose, with Apollo Global (APO.N), opens new tab up 6.2% and Blackstone (BX.N), opens new tab rallying almost 4%. They were among financial institutions that recently partnered with Nvidia (NVDA.O), opens new tab to establish compute-financing platforms aimed at mobilizing more than $500 billion.

The S&P 500 declined 0.32% โ€‹to 7,728.20 points.

The Nasdaq dropped 0.6% to 26,445.45 points, while the Dow Jones Industrial Average declined 0.34% to 53,791.85 โ€‹points.

Even as the S&P 500 dipped, advancing issues outnumbered falling ones (.AD.SPX), opens new tab by a 1.2-to-one ratio.


The S&P 500 posted 22 new highs and โ€Œone new โ low; the Nasdaq recorded 108 new highs and 75 new lows.

Strong quarterly earnings helped lift the S&P 500 to all-time highs last week, while the Nasdaq (.IXIC), opens new tab was down about 2% from its record high close on June 2.

Volume on U.S. exchanges was relatively light, with โ€‹15 billion shares traded, compared to an average of 17.6 billion shares over the previous 20 sessions.

https://www.reuters.com/business/wall-st-futures-muted-us-iran-impasse-lifts-oil-prices-2026-08-11/

Wall Street ends down as US-Iran peace optimism fades
https://www.straitstimes.com/business/companies-markets/wall-street-ends-down-as-us-iran-peace-optimism-fades
#HKMarketUpdate
Stock market today: Dow, S&P 500, Nasdaq slip amid US-Iran impasse, Alphabet stock sinks

US stocks slipped on Tuesday as the standoff between the US and Iran intensified, raising doubts about progress toward a deal to reopen the Strait of Hormuz ahead of a key inflation report.

The Dow Jones Industrial Average (^DJI) fell roughly 0.3% while the S&P 500 (^GSPC) dropped 0.3%. The tech-heavy Nasdaq Composite (^IXIC) declined about 0.6% after stocks closed lower on Monday.

https://finance.yahoo.com/markets/live/stock-market-today-tuesday-august-11-dow-sp-500-nasdaq-102827503.html