Daily Market Report – August 18, 2026
Markets
Rising financing costs weighed heavily on technology stocks. The S&P 500 (SPX) closed 0.57 percent lower at 7,701 points. The Nasdaq 100 (NDX) lost 1.65 percent to 29,499 points. The DAX (DAX) decreased by 0.80 percent to 26,128 points. In Asia, the Nikkei 225 (NI225) fell by 2.54 percent to 67,461 points. Gold (GOLD) decreased by 1.37 percent to $4,412.50, and silver (SILVER) dropped by 3.51 percent to $63.91.
Company
The sell-off among semiconductor stocks caused Micron Technology (MU) to fall by 7.45 percent to $936.42. In the same industry environment, Intel (INTC) declined by 7.19 percent to $96.05. KLA (KLAC) lost 5.90 percent to $193.61, while Lam Research (LRCX) dropped 5.66 percent to $324.38. The pressure on providers of data center and electronic components also affected Amphenol (APH): the stock fell by 7.21 percent to $158.55.
After settling the dispute with the European Union, Apple (AAPL) lowered the fees for the App Store in Europe and changed the terms for developers. Microsoft (MSFT) came into focus due to the financing of an associated data center. A bond of $3.9 billion was offered for its construction. Meta Platforms (META) faced allegations in court from U.S. states that it had deliberately targeted its platforms at underage users. Walt Disney (DIS) had its subsidiary ABC sue the U.S. communications regulator for an infringement of free speech.
Boeing (BA) and Lockheed Martin (LMT) completed a private bond financing for their joint rocket company amounting to 1.5 billion dollars. Home Depot (HD) exceeded expectations with its quarterly results. This supported the assumption that spending on renovation projects would continue despite high financing costs. Intuit (INTU) gained 5.22 percent to 353.11 dollars. Rising financing costs for energy and data center projects, on the other hand, weighed on GE Vernova (GEV). The stock lost 7.35 percent to 999.66 dollars.
Macroeconomics
According to the White House, the US government stated that there are no talks scheduled with Iran. The conflict over the Strait of Hormuz thus remains a risk for energy supply and inflation. Before the implementation of new tariffs of 50 percent on Canadian goods, the US government also negotiated with Canada but did not announce any agreement. British government data showed further job losses and a higher than expected unemployment rate. Both highlighted the weakness of the labor market.
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*Created on 08/18/2026 / 15:25 (Europe/Berlin)*