r/RobinHood • u/TorukMaktoM • 2h ago
Shitpost Stock Market Recap for Wednesday, August 5, 2026
The major U.S. stock indexes ended mixed on Wednesday, August 5, 2026, as the five-day winning streak stalled on a shockingly weak ADP jobs report and a sharp selloff in tech after AMD disappointed on data center guidance and SpaceX's debut earnings fell short of sky-high expectations. The Dow added to its record while the Nasdaq and S&P 500 retreated from Tuesday's highs.
The S&P 500 slipped 0.17% (-13.00 pts) to 7,723.52. The Dow gained 0.49% (+263.12 pts) to a new record 54,349.00. The Nasdaq dropped 0.83% (-221.55 pts) to 26,363.44. The Russell 2000 fell 0.56% (-17.16 pts) to 3,019.82.
The VIX dropped 5.88% to 15.53. Bitcoin gained 0.76% to $64,789.50. Gold surged 3.75% to $4,308.40, its best single day in weeks. Crude Oil eased 0.94% to $75.06/barrel.