Neutral
Nasdaq 100 rebounds 0.4% to 26,180.45 amid strong earnings and business activity reports.
On August 21, 2026, the Nasdaq 100 index rose by 0.4% to close at 26,180.45, partially offsetting earlier losses. This uptick was driven by stronger-than-expected quarterly earnings from Ross Stores and a report indicating that U.S. business activity reached a 52-month high. However, the index is still on track to end the week lower due to rising government bond yields and geopolitical tensions.
Key points
- Ross Stores' earnings exceeded expectations, boosting investor confidence.
- U.S. business activity reached a 52-month high, indicating economic strength.
- Rising government bond yields and geopolitical tensions weigh on market sentiment.
- Nasdaq 100 futures lead a tentative bounce, but market volatility persists.
Sources
- How major US stock indexes fared Friday 8/21/2026Associated Press · August 21, 2026
- US stocks rise, even as the bond market applies more pressureAssociated Press · August 21, 2026
- Nasdaq 100 Pullbacks May Create New Entry Points Across These Tech NamesInvesting.com NG · August 21, 2026
- Nasdaq 100's Wild Week Is Ending. Jackson Hole and Nvidia Could Decide What's NextMarketFramework News · August 21, 2026
AI-generated from public news sources. Not financial advice.
