News desk · Morning edition · Tuesday, August 25, 2026

Equities firmed toward record highs as Tech rebounded, with the S&P 500 up 0.41% to 7684.61 and the VIX easing to 15.78. Nvidia's earnings remain the week's key catalyst, while yields eased to 4.66% amid Bessent's plan to tap the $1 trillion Treasury cash account for bond buybacks. Small caps lagged, with the Russell 2000 down 0.76% even as gold hit a three-month high.

auto-generated · written Aug 25, 2026, 9:35 AM EDT

Prices in this edition were taken live, not from stored closes. They were read at the Morning edition slot on Tuesday, August 25, 2026. Anything named as a cause may come from a headline the desk was given.

Equities

Dick's Sporting Goods slashed its outlook, shares tumbled as much as 15%
Visa and Mastercard hit record highs on resilient consumer spending
Paramount's Ellison remains stalled by an antitrust challenge to the WBD deal

Sector and commodities

Trump hikes Canada auto tariffs to 50% starting January 2027
Gold climbed to a three-month high on a weaker dollar and buyback plans
Oil posted its biggest drop in three months on a new U.S. Iran sanctions plan

Crypto

rallied roughly 3% toward $80,000, extending a six-month run past stocks and gold

Fixed income

Treasury may tap its nearly $1 trillion cash account to fund bond buybacks
The 10-year yield eased to 4.66% ahead of 's earnings report

Russell 2000 (RUT)-0.8%

Small caps lag the broader rally, down 0.76% today and off their August 14 peak of 3068.42.

Nasdaq Composite (IXIC)+0.7%

Nasdaq bounced 0.74% today, clawing back part of last week's tech-led selloff.

DAX (GDAXI)+0.7%

Germany's DAX pushed to a fresh high near 26,280, unbothered by U.S. tariff and Tech volatility.