#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 ​deal to bring stability to the Middle East.

The Strait of Hormuz will remain closed as long ‌as 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 ​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% ​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 ​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 ‌one new ⁠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 ​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

#Earnings
Live updates:
The Trade Desk stock plummets on earnings miss, Oklo jumps on 'criticality' milestone

https://finance.yahoo.com/markets/live/earnings-live-updates-130425228.html

Tech stocks today:
CoreWeave and Supermicro results win over investors

Live updates

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July inflation is expected to ease, despite recent energy shocks
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Airbnb CEO Brian Chesky on AI's future: One person can be a billion-dollar company
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Riot Platforms stock surges on $9.1 billion data center deal with Anthropic
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Microsoft stock just cleared a big hurdle but still trails the S&P 500
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Evening Update: Today’s headlines from The Straits Times on Aug 11, 2026

https://str.sg/aMiN

https://vt.tiktok.com/ZS43vHLpe/

While You Were Sleeping: 5 stories you might have missed, Aug 12, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-aug-12-2026

Morning Briefing: Top stories from The Straits Times on Aug 12, 2026

https://str.sg/9T4i

Ship pays near-record US$4 million to skip Panama Canal queue as Hormuz blockage fuels congestion
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Resilient Europe turns into a winning bet for money managers
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CICT H1 DPU up 7.1% at S$0.0602, bolstered by CapitaSpring and Gallileo tower in Germany
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SGX eyes single-stock ETFs, tie-ups across markets for growth amid multi-asset exchange push
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/sgx-eyes-single-stock-etfs-tie-ups-across-markets-growth-amid-multi-asset-exchange-push

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