FLAT SESSION: SPY -0.20% | Range-bound

Today's trading session on August 5, 2026, was characterized by a range-bound and sideways movement, as reflected in the S&P 500's price action. The index opened at $775.91 and briefly attempted to push higher, reaching an intraday peak at $776.85 before retracing. Selling pressure saw it dip to a low of $769.52 before closing marginally down at $769.77, marking a modest loss of 0.20%. The overall lack of conviction in either direction was evident, marked by a largely sideways trend with moderate volume, as market participants appeared hesitant to take significant positions amid mixed sector performances.

• VIX: closed near $15.81 today; watch today's session high and low as the immediate technical reference for the next trading day.

• SPY: closed near $769.77 today; watch today's session high and low as the immediate technical reference for the next trading day. - NASDAQ (QQQ): $717.3 (Close) | -0.90% • IWM: closed near $299.77 today; watch today's session high and low as the immediate technical reference for the next trading day. - VIX: 15.81 (-4.18%) - Volume: Normal (0.90x average)

1. NVIDIA (NVDA): Advanced by 3.43% to $219.22, driven by bullish anticipation surrounding its upcoming AI chip conference, reigniting investor interest. 2. Danaher Corporation (DHR): Gained 2.51% to $199.66, supported by better-than-expected earnings showing resilience in its life sciences division.

3. Thermo Fisher Scientific (TMO): Increased by 2.23% to close at $577.35, with analysts citing positive impacts from recent supply chain improvements.

4. Nike (NKE): Rose by 2.22% to $42.45, benefitting from favorable analyst coverage highlighting strength in direct-to-consumer sales.

5. McDonald's (MCD): Up 2.11% at $274.0, powered by strong same-store sales growth reported in its recent quarterly release.

1. Advanced Micro Devices (AMD): Fell sharply by 7.04% to $482.05, after issuing a warning about slowing demand in its gaming segment.

2. Alphabet (GOOGL): Dropped 4.03% to $362.43, hit by concerns over potential regulatory hurdles facing its advertising business in Europe.

3. Chevron (CVX): Down 2.10% to $186.41, affected by declining oil prices amid lower demand forecasts from the EIA.

4. Texas Instruments (TXN): Declined by 2.08% to $277.72, as slower-than-expected growth in its automotive segment raised caution among investors.

5. Tesla (TSLA): Decreased by 1.77% to $321.55, with pressures from increasing competition in the electric vehicle market noted by analysts.

Healthcare, Materials, and Consumer Discretionary sectors led gains today, indicating some investor interest in sectors perceived as resilient to economic fluctuations and partially cyclical. Conversely, Energy, Communication Services, and Utilities lagged, reflecting diminished risk appetite tied to ongoing global economic concerns and fluctuations in commodity prices, particularly oil.

• SPY: closed near $769.77 today; watch today's session high and low as the immediate technical reference for the next trading day. - NASDAQ (QQQ): Closing at $717.3, a continuation of today's downtrend may see it testing support near the next psychological level. • IWM: closed near $299.77 today; watch today's session high and low as the immediate technical reference for the next trading day. - VIX: Despite falling to 15.81, monitor for any spikes that might indicate renewed volatility concerns.

For the next trading session, traders should keep an eye on any developments in the semiconductor sector following AMD's guidance downgrade. Pre-market futures may offer an early indication of sentiment changes. Additionally, upcoming economic data releases, such as jobless claims and ISM services data, could influence market direction, providing catalysts for potential sector rotation.

Today's session was marked by range-bound trading and selective sector performance, indicating cautious market sentiment amid mixed economic signals.