US Markets Close 6 August 2026: S&P 500 at 7,709.96 as the Dow Snaps a Five-Session Run

S&P 500 close: 7,709.96 (-0.18%) Dow: 53,885.10 (-0.85%) | Nasdaq: 26,348.35 (-0.06%) Sentiment: mixed

The S&P 500 closed at 7,709.96 on 6 August 2026, down 0.18%, while the Dow Jones Industrial Average fell 464.02 points or 0.85% to 53,885.10 and ended five straight sessions of gains on declines in three of its highest-priced members. HONA.US fell 23.16% to $156.47 after Honeywell Aerospace cut full-year organic revenue growth guidance to 4% to 5% from 7% to 9% and lowered its standalone adjusted EBITDA range by about $300 million on supplier bottlenecks. The 10-year Treasury yield rose to 4.67% and Brent crude gained 5.16% to $83.55 as a Strait of Hormuz shipping agreement between Iran and Oman looked less settled than a day earlier.

What moved the index

• Three high-priced Dow members: GS.US fell 2.62% to $1,032.58, CAT.US 1.62% to $856.96 and UNH.US 2.13% to $403.97. Those three sit among the highest share prices in the average, and at Dow price weighting they account for roughly 310 of the 464 points. They carry a small fraction of that weight in the cap-weighted S&P 500, which is why the Dow lost 0.85% and the Nasdaq 0.06%.
• Technology: XLK fell 0.31%, worth about 10 bps of the S&P 500's 18 bps decline. WDC.US dropped 13.03% to $451.52 and SNDK.US 6.81% to $1,258.58 as storage and memory earnings reactions turned on AI capital spending and valuation.
• Industrials: XLI fell 0.85%, worth about 7 bps. HONA.US carried the guidance cut, BA.US fell 3.33% to $232.19 and CAT.US 1.62%.
• Financials: XLF fell 0.33%, worth about 5 bps, with GS.US doing most of the work inside a sector that otherwise held up.
• Energy, the offset: XLE rose 1.48%, worth about 4 bps in the other direction. CVX.US gained 1.51% to $189.23 with Brent at $83.55.

Technology, industrials and financials together account for roughly 22 bps of drag against about 4 bps of energy lift, which reconciles to the 18 bps the S&P 500 lost. MSFT.US rose 2.54% to $499.86 and added back around 75 Dow points, the largest single offset to the decline.

Session highlights

• GS.US, at $1,032.58, is the highest-priced member of the Dow, so its 2.62% fall carried roughly 170 index points, more than a third of the day's decline. The stock had closed at $1,060.38 on Wednesday after three straight gains. No company announcement accompanied Thursday's move.
• WDC.US -13.03% and SNDK.US -6.81% were the two weakest large-cap storage names, while MU.US held to -1.31% and AMD.US closed up 1.50%.
• SPCX.US rose 6.14% to $114.92 on the day 911.5 million insider shares, worth roughly $100 billion, came out of lockup. The supply arrived without a discount, which fits positioning that was set well before the date.
• PTON.US fell 15.57% to $5.50 after guiding fiscal 2027 revenue to $2.3 billion to $2.4 billion against a $2.42 billion consensus.
• VIX closed at 15.15, down 4.17%, and the Russell 2000 fell 0.58% to 3,001.55. The VIX usually rises when the S&P 500 falls. It fell here, which fits a decline concentrated in a handful of names.

Sector scorecard

• Best: Energy (+1.48%)
• Worst: Materials (-0.89%)
• Dispersion (best minus worst): 2.37 pts
• Eight of eleven sectors closed lower and none lost as much as 1%. Communication services (+0.28%) and health care (+0.18%) joined energy in the green.

Top movers

After-hours earnings

Eight companies moved on results released after the 4:00pm ET bell. TTD.US and NET.US were the two extremes.

• TTD.US fell 22% after the close on adjusted EPS of $0.34 against $0.40 expected and revenue of $715 million against $751 million. The stock had already closed the regular session down 6.80% at $17.67.
• NET.US rose 17% after guiding Q3 to adjusted EPS of $0.34 on revenue of $736 million to $737 million, ahead of the $0.32 and $722 million consensus.
• TWLO.US rose about 16% after lifting full-year revenue growth guidance to a range of 18% to 18.5% from 14% to 15%.
• SG.US fell 14% on a Q2 loss of $0.22 per share against an expected $0.15 loss.
• AKAM.US rose 12% on Q2 EPS of $1.59 excluding items and revenue of $1.10 billion, both ahead of consensus.
• CART.US rose more than 8% on revenue of $1.04 billion, though EPS of $0.45 missed the $0.54 estimate.
• ABNB.US rose about 7% on Q2 EPS of $1.37 and revenue of $3.61 billion, against $1.25 and $3.58 billion expected.
• DKNG.US fell more than 1.5% on revenue of $1.44 billion against $1.51 billion expected and a loss of $0.14 per share against a forecast $0.02 profit.

Notable announcements

• Jobless claims came in at 199,000 for the week ending 1 August, and July layoffs were the lowest in two years, ahead of Friday's employment report.
• The 30-year Treasury yield closed at 5.21% and the 5-year at 4.39%, so yields rose at every maturity from 5 years out.
• The US Dollar Index rose 0.28% to 99.95 and gold slipped 0.15% to $4,298.70 an ounce.
• S&P 500 futures traded 0.23% lower and Nasdaq 100 futures 0.37% lower after the bell, leaving Friday's open to price the after-hours earnings reactions.

Next session catalysts (ET)

• Fri 08:30: July employment report, the first payroll print since claims held at 199,000 and July layoffs hit a two-year low.
• Fri 09:30: TTD.US, NET.US, TWLO.US, ABNB.US and SG.US reprice at the open against Thursday's after-hours moves.
• Fri: Brent at $83.55 after a 5.16% session, with the Iran and Oman shipping agreement unsigned.

Context only, not financial advice. Track your own trades with Swingfolio.