{"id":21724,"date":"2026-08-10T10:36:44","date_gmt":"2026-08-10T02:36:44","guid":{"rendered":"https:\/\/linkpgm.com\/august-10-market-roundup\/"},"modified":"2026-08-10T10:37:23","modified_gmt":"2026-08-10T02:37:23","slug":"august-10-market-roundup","status":"publish","type":"post","link":"https:\/\/www.linkpgm.com\/en\/august-10-market-roundup\/","title":{"rendered":"August 10 Market Roundup"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Last Friday, the nonfarm payrolls data unexpectedly turned negative, dampening market expectations for a near-term interest rate hike by the Federal Reserve.The U.S. Dollar Index weakened for the second consecutive week, ultimately closing down 0.32% at 99.61; the benchmark 10-year U.S. Treasury yield closed at 4.651%, while the 2-year U.S. Treasury yield\u2014which is sensitive to the Fed\u2019s policy rate\u2014closed at 4.506%. <br\/>Spot gold surged by $100, breaking through the $4,370 mark intraday, and ultimately closed up 2.39% at $4,342.18 per ounce, hitting a seven-week high and posting its best weekly performance in seven months;Spot silver ultimately closed up 3.36% at $63.58 per ounce. <br\/>International oil prices plummeted and turned lower following reports that the U.S. would lift sanctions on Iran after the announcement of the Hormuz Agreement.WTI crude oil ultimately closed down 1.39% at $76.35 per barrel; Brent crude oil closed down 1.55% at $81.49 per barrel. <br\/>The Dow Jones Industrial Average closed up 0.28%,the S&amp;P 500 rose 0.6% to a new closing high, and the Nasdaq rose 1.3%. SpaceX (SPCX.O) surged 15.8%, Qualcomm (QCOM.O) rose 4.6%, and Nvidia (NVDA.O) rose 2.2%.Most memory-related stocks closed lower, with SK Hynix (SKHY.O) down nearly 4% and Micron Technology (MU.O) down 0.4%. The Nasdaq Golden Dragon China Index closed up 0.7%.The optical communications sector surged, with Applied Optoelectronics (AAOI.O) up 9%, Lumentum (LITE.O) up 6.2%, Corning (GLW.N) up 5.4%, and Marvell Technology (MRVL.O) up 3.8%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Friday, the nonfarm payrolls data unexpectedly turned negative, dampening market expectations for a near-term interest rate hike by the Federal Reserve.The U.S. Dollar Index weakened for the second consecutive week, ultimately closing down 0.32% at 99.61; the benchmark 10-year U.S. Treasury yield closed at 4.651%, while the 2-year U.S. Treasury yield\u2014which is sensitive to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21719,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"class_list":["post-21724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-news"],"_links":{"self":[{"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/21724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/comments?post=21724"}],"version-history":[{"count":1,"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/21724\/revisions"}],"predecessor-version":[{"id":21725,"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/21724\/revisions\/21725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/media\/21719"}],"wp:attachment":[{"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/media?parent=21724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/categories?post=21724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.linkpgm.com\/en\/wp-json\/wp\/v2\/tags?post=21724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}