FLAT SESSION: SPY +0.25% | Range-bound

Nightly Market Wrap-Up - August 12, 2026

• SPY: closed near $772.47 today; watch today's session high and low as the immediate technical reference for the next trading day.

• VIX: closed near $14.55 today; watch today's session high and low as the immediate technical reference for the next trading day.

• SPY: closed near $772.47 today; watch today's session high and low as the immediate technical reference for the next trading day. - NASDAQ (QQQ): $723.7 (Close) | +0.73% • IWM: closed near $302.68 today; watch today's session high and low as the immediate technical reference for the next trading day. • VIX: closed near $14.55 today; watch today's session high and low as the immediate technical reference for the next trading day. - Volume: Light (0.68x average)

- Oracle (ORCL): Surged by 5.36% to $153.28 after strong earnings guidance bolstered investor confidence. - Intel (INTC): Climbed 3.32% to $100.95, benefiting from positive analyst coverage and renewed semiconductor sector enthusiasm. - NVIDIA (NVDA): Advanced 3.03% to $224.09 as bullish sentiment returned on AI chip demand projections. - Cisco Systems (CSCO): Rallied 2.86% to $123.88 following a successful product launch announcement. - Walmart (WMT): Increased by 2.43% to $116.01 on upbeat retail sales figures and improved consumer spending outlook.

- Meta Platforms (META): Fell 3.38% to $578.85 amid regulatory concerns about recent acquisitions. - Home Depot (HD): Dropped 3.12% to $343.43 after disappointing home improvement sales data. - Microsoft (MSFT): Declined 2.26% to $492.43 following a downgrade from a major investment bank due to valuation concerns. - Linde (LIN): Decreased by 2.26% to $479.43, partly due to pressures in the materials sector. - Salesforce (CRM): Slipped 2.10% to $193.32 as growth forecasts in the CRM space faced skepticism.

The market witnessed rotation towards defensive and technology sectors with Technology, Real Estate, and Utilities leading the charge. The strength in these sectors indicates a nuanced appetite for stable growth and yield amid an overarching cautious sentiment. In contrast, Materials and Consumer Discretionary lagged, dragging on cyclical growth prospects amidst broad economic uncertainties.

- SPY briefly tested resistance around the $774 mark but retreated, indicating a lack of strong buying interest. - QQQ continues to ride above its short-term moving averages, bolstered by tech sector leadership. - IWM managed to hold above key support near $300 — watch for consolidation or a breakthrough for further cues. - With VIX retreating to 14.55, volatility expectations remain muted; however, monitor for any upward spikes as a reversal indicator.

For the next trading session, keep an eye on futures indicators and post-market earnings from major retailers for directional cues. Any developments in geopolitical or regulatory spaces could also influence market sentiment. Traders should watch for volume to pick up for clearer market signals and further evaluate sector-specific narratives.

Today's session was characterized by a restrained breadth rally, predominantly driven by select sector strengths amidst low conviction and muted volatility.