By Emma Newbery, The Motley Fool
Publication Date: 2026-08-14 21:30:00
The S&P 500 (SNPINDEX:^GSPC) fell 0.17% to 7,786, the Nasdaq Composite (NASDAQINDEX:^IXIC) lost 0.28% to 26,729, and the Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.20% to 53,732 as disappointing economic data stalled the recent rally.
Gold prices rose 0.24% to $4,373.48 as of U.S. market close, and the 10-Year Treasury yield fell 0.05% to 4.69%. Energy and basic materials finished as the top-performing sectors, but drops in technology and healthcare stocks weighed on indexes.
Today’s biggest moves
Reddit shares jumped 13% following news that the social media company will join the S&P 500 next week. Broadcom tumbled 6% after Bank of America analysts questioned a potential $370 billion debt financing vehicle. Applied Materials also faced selling pressure despite an earnings beat.
What this means for investors
Markets retreated from record highs today as traders reacted to a drop in consumer confidence and a…
