logo
EquityWireEquity Alert: US markets end lower, investors assess peace talks, earnings
Equity Alert

US markets end lower, investors assess peace talks, earnings

This story was originally published at 08:01 IST on 7 August 2026
Register to read our real-time news.

Informist, Friday, Aug. 7, 2026                                      Tel +91 (22) 6985-4000


Equity Alert: US markets end lower, investors assess peace talks, earnings

 

MUMBAI--0700 IST--Major US indices ended lower Thursday as investors weighed on a new set of earnings and the progress in the US and Iran peace deal. The Dow Jones Industrial Average snapped its five-session winning run and closed around 1% lower. The Nasdaq Composite fell for the second session in a row and the S&P 500 for the third straight session. 

 

Technology heavyweights Alphabet, Amazon, and Nvidia fell. Alphabet closed 1% lower while Nvidia and Amazon both closed slightly lower. Meanwhile, shares of Microsoft and Apple closed higher. Microsoft closed 2.5% higher and the iPhone maker closed marginally higher. Artificial intelligence company SpaceX closed 6% higher. Shares of data storage company Western Digital fell around 13?spite reporting a strong set of earnings. Concern about spending on AI infrastructure dragged down the stock and chipmaker Sandisk extended its losses from Wednesday and closed around 7% lower.

 

During the extended trading, shares of Airbnb rose more than 7?ter the holiday rental company reported higher than estimated top line and bottom lines. DraftKings fell around 3?ter the company's revenues fell short of the Street's expectations. 

 

On the macroeconomic front, investors await the jobs report due on Friday. July's nonfarm payrolls are expected to show less improvement while the unemployment rate is likely to remain unchanged at 4.2%, according to a Reuters poll. 

 

Following were the closing levels of major US indices Thursday:

 

Index

Level

Change in %

Dow Jones Industrial Average

53885.10 (-)0.9

NASDAQ Composite

26348.35 (-)0.1

S&P 500

7709.96 (-)0.2

 

(Deesha Jadhav)

 

US$1 = INR 95.22

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Akul Nishant Akhoury

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

NSE: National Stock Exchange
NYSE: New York Stock Exchange
NYMEX: New York Mercantile Exchange
SEBI: Securities and Exchange Board of India
RBI: Reserve Bank of India

Internet links:
Securities and Exchange Board of India - http://www.sebi.gov.in
Bombay Stock Exchange - http://www.bseindia.com
National Stock Exchange of India - http://www.nseindia.com
Directory of Indian government websites - http://goidirectory.nic.in
Indian Ministry of Finance - http://www.finmin.nic.in
Reserve Bank of India - http://rbi.org.in
Controller General of Accounts, Government of India - http://www.cga.nic.in
Government's Press Information Bureau - http://www.pib.nic.in

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillink

Related Stories