https://aidenmark.github.io/the-money-edit/ A daily read on markets and money, written plainly, so you can tell what it means for yours. en-us https://aidenmark.github.io/the-money-edit/2026/08/25/closing/ https://aidenmark.github.io/the-money-edit/2026/08/25/closing/ Tue, 25 Aug 2026 12:00:00 GMT Stocks finished modestly higher on Tuesday as falling oil prices and easing long term bond yields pulled money back into technology shares ahead of Nvidia's results on Wednesday. Underneath the calm surface, consumer confidence slid to a seven month low and Dick's Sporting Goods lost about a quarter of its value after cutting its forecast for the year. The session was a good example of how the market can rise on financial conditions while the data about actual households gets worse. https://aidenmark.github.io/the-money-edit/2026/08/25/opening/ https://aidenmark.github.io/the-money-edit/2026/08/25/opening/ Tue, 25 Aug 2026 12:00:00 GMT US stocks finished split on Monday, with chip weakness pulling the Nasdaq down while the Dow edged higher, and futures have recovered this morning. The two events that will set the tone are Nvidia's results after Wednesday's close and the Federal Reserve's Jackson Hole gathering later in the week. Oil sold off sharply overnight. https://aidenmark.github.io/the-money-edit/2026/08/24/closing/ https://aidenmark.github.io/the-money-edit/2026/08/24/closing/ Mon, 24 Aug 2026 12:00:00 GMT Stocks split on Monday, with the Dow Jones Industrial Average up 0.3% while the Nasdaq composite fell 0.8%, as investors pulled money out of chipmakers and put it into banks ahead of Nvidia's earnings on Wednesday. Micron fell 5.6% and the Philadelphia Semiconductor Index dropped 2.6%, while JPMorgan Chase and Visa both finished higher. A threat of 50% tariffs on Canadian auto products pushed Ford down about 3%, and the 30-year Treasury yield stayed above 5% ahead of Friday's Jackson Hole speech by Fed chair Kevin Warsh. https://aidenmark.github.io/the-money-edit/2026/08/24/opening/ https://aidenmark.github.io/the-money-edit/2026/08/24/opening/ Mon, 24 Aug 2026 12:00:00 GMT Korean chipmakers led a broad Asian decline after Samsung's shareholder return plan arrived without buyback detail, while Wall Street's Friday bounce failed to rescue a losing week. Bond yields remain the pressure point, with the 10 year Treasury near a one year high, and US futures point modestly lower. Iran sanctions land this afternoon, with Nvidia earnings and the PCE inflation report both due Wednesday. https://aidenmark.github.io/the-money-edit/2026/08/21/closing/ https://aidenmark.github.io/the-money-edit/2026/08/21/closing/ Fri, 21 Aug 2026 12:00:00 GMT Stocks bounced on Friday, with the Dow up about 1% and the S&P 500 and Nasdaq each up 0.4%, but all three indexes still finished the week lower after a violent stretch in the bond market. The Treasury doubled the size of its bond buybacks to try to pull long term yields down, and the effect lasted barely a day before the 30-year yield climbed back toward 5.24%. It is a useful lesson in scale, because a few billion dollars of buying is very small against a market worth roughly $30 trillion, and in what actually sets mortgage and savings rates for households. https://aidenmark.github.io/the-money-edit/2026/08/21/opening/ https://aidenmark.github.io/the-money-edit/2026/08/21/opening/ Fri, 21 Aug 2026 12:00:00 GMT US stocks dropped on Thursday as long term borrowing costs climbed again, and futures now point to a modest bounce at the open. Brent crude sits at a one month high and the German 10 year yield is at its highest since 2011. The August flash PMI for the US lands at 9:45am Eastern. https://aidenmark.github.io/the-money-edit/2026/08/20/closing/ https://aidenmark.github.io/the-money-edit/2026/08/20/closing/ Thu, 20 Aug 2026 12:00:00 GMT Wall Street had its worst day in three weeks, with the Dow closing down 703 points, after a Treasury Department plan to hold long term borrowing costs down lasted less than a full day. Yields climbed back up as oil rose on Iran tensions and fresh data showed the economy running warmer than expected, both of which argue for more inflation rather than less. Walmart fell about 9% after reporting the slowest growth at its existing US stores since 2020, with executives saying shoppers are making trade offs now that gasoline is above $4 a gallon. https://aidenmark.github.io/the-money-edit/2026/08/20/opening/ https://aidenmark.github.io/the-money-edit/2026/08/20/opening/ Thu, 20 Aug 2026 12:00:00 GMT Wednesday ended green in New York after the Treasury doubled its buybacks of long dated debt and pushed the 30 year yield down to 5.19 percent. Tokyo took the handoff and rallied 1.4 percent, but Europe fell for a seventh straight session and US futures sat near flat. Walmart beat on profit and missed on sales growth, and the stock was down more than 7 percent before the open. https://aidenmark.github.io/the-money-edit/2026/08/19/closing/ https://aidenmark.github.io/the-money-edit/2026/08/19/closing/ Wed, 19 Aug 2026 12:00:00 GMT The Treasury Department surprised markets by saying it will at least double the size of its buybacks of long dated government debt, which pushed the 30 year Treasury yield down about 9 basis points from the 19 year high it set on Tuesday. That relief was enough to lift all three major indexes about 0.2% and end a three day losing streak, even as chip stocks fell again. Moderna nearly tripled after its personalized cancer vaccine, developed with Merck, met its goals in a late stage melanoma trial. Analysts cautioned that the bond move is a temporary salve, because it does nothing about how much new debt the government still has to sell. https://aidenmark.github.io/the-money-edit/2026/08/19/opening/ https://aidenmark.github.io/the-money-edit/2026/08/19/opening/ Wed, 19 Aug 2026 12:00:00 GMT Wall Street fell for a third straight session on Tuesday, and the selling grew far heavier overnight in Asia, where South Korea's Kospi dropped 5.8% and Japan's Nikkei 225 lost 3.2% in a rush out of artificial intelligence shares. Europe held up better and US futures point to a modestly lower open. The Federal Reserve publishes the minutes of its July meeting at 2pm Eastern, and Target, Lowe's and TJX report earnings before the bell. https://aidenmark.github.io/the-money-edit/2026/08/18/closing/ https://aidenmark.github.io/the-money-edit/2026/08/18/closing/ Tue, 18 Aug 2026 12:00:00 GMT The 30-year Treasury yield climbed to about 5.30% on Tuesday, its highest level since 2007, and that pushed technology stocks lower. The Nasdaq 100 fell 1.7% while the S&P 500 slipped 0.5%, with chipmakers and optical networking companies taking the worst of it, including Marvell down 8% and Micron down 6%. When yields rise, borrowing gets more expensive and investors are willing to pay less today for profits a company might earn years from now, which hits fast growing tech hardest. For your own money, higher long term yields usually mean pricier mortgages and loans, but also better payouts on savings accounts, CDs, and bonds. https://aidenmark.github.io/the-money-edit/2026/08/17/closing/ https://aidenmark.github.io/the-money-edit/2026/08/17/closing/ Mon, 17 Aug 2026 12:00:00 GMT Stocks fell Monday as oil prices moved higher on fading hopes for a US and Iran agreement, with the Dow down 249 points or 0.46% to 53,483 and the S&P 500 down 0.45% to 7,750. The 30-year Treasury yield stayed above 5.3%, its highest since 2007, which adds pressure on top of the geopolitical worry. Higher oil feeds into gas prices, shipping, and the cost of making and moving almost everything, so it usually turns up in what you pay at the pump and at the store within a few weeks. https://aidenmark.github.io/the-money-edit/2026/08/14/closing/ https://aidenmark.github.io/the-money-edit/2026/08/14/closing/ Fri, 14 Aug 2026 12:00:00 GMT US stocks slipped Friday after July retail sales unexpectedly fell 0.6% from the month before, which raised questions about how much strain shoppers are under. Broadcom dropped 6% after Bank of America analysts pushed back on a proposed $370 billion debt package tied to its AI buildout. Retail sales are one of the clearest read-outs on consumer health, and that matters because consumer spending drives roughly two thirds of the US economy, so a soft month tends to ripple into hiring and growth expectations.