MARKET REPORT

What an index, a sector or an asset class did, and why. The default for session coverage.

Chip stocks slide again as money rotates into blue chips, gold climbs

Nvidia extended losses on August 24 as investors moved into blue-chip names, while Samsung's record-setting shareholder return failed to stop a sector-wide memory stock decline.

Semiconductor stocks fell broadly on August 24, 2026, with Nvidia extending losses and every major memory stock dropping despite Samsung authorizing its largest-ever shareholder return.

MARKET REPORTBEARISH

Credit Cracks Widen Around AI Financing as Nebius Convertible Settles

Broadcom's credit risk measures rose and Nebius fell 4% as a $5 billion convertible bond settled, dragging down Datadog and Cloudflare in the same session.

Broadcom's credit risk measures rose alongside a decline in Nebius, Datadog and Cloudflare shares as a $5 billion Nebius convertible bond settlement worked through the market on August 24.

MARKET REPORTBEARISH

Nasdaq Falls as Iran Sanctions Threat and Canada Tariffs Hit Stocks Together

Treasury Secretary Bessent's promise of an 'economic D-Day' on Iran and a new Canada tariff hike combined to pull tech shares lower even as oil fell and gold rose on safe-haven demand.

The Nasdaq slid in the August 24 session as investors weighed a threatened U.S. sanctions push on Iran alongside President Trump's new tariff hike on Canada, while oil fell and gold gained on safe-haven buying.

MARKET REPORT

Fed Holds Over Half of All Bonds Due in 10 to 15 Years, Straining Debt Backdrop

The concentration comes as U.S. national debt crossed $40 trillion in August, intensifying scrutiny of Treasury market structure.

Academy Securities strategist Peter Tchir noted the Federal Reserve owns more than 50% of all Treasury bonds maturing 10 to 15 years from now, a concentration highlighted as U.S. debt passed the $40 trillion mark.

MARKET REPORT