Edition for Friday, August 7, 2026

A Friday Fading of Enthusiasm

Markets are likely to close lower on Friday as the prior session's transient optimism gives way to renewed inflation concerns and the gravitational pull of higher-for-longer rates.

Our call:Markets should go down·65% chance we're right·confidence 70/100

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Opening Bell

SPX

-0.75%

↑ 35%

NDX

-1.10%

↑ 30%

DJI

-0.60%

↑ 40%

RUT

-1.20%

↑ 30%

VIX

+3.50%

↑ 60%

DXY

+0.30%

↑ 60%

The Editorial

A Friday Fading of Enthusiasm

Markets are likely to close lower on Friday as the prior session's transient optimism gives way to renewed inflation concerns and the gravitational pull of higher-for-longer rates.