Stock Market Outlook for Monday, August 24, 2026
Stock futures are pointing lower ahead of a busy week in financial markets. Memory stocks and AI-related equities are leading the decline as investors await Nvidia's quarterly results later this week. The major indexes closed higher on Friday but posted weekly losses amid rising bond yields. Nvidia is expected to report earnings after market close on Wednesday, with its performance seen as a key indicator for investor sentiment in the AI sector. Also due that day are updates on the Personal Consumption Expenditures (PCE) price index, which will influence Federal Reserve decisions on interest rates. Treasury Secretary Scott Bessent plans to announce new sanctions against Iran later today. Alibaba shares fell after raising $10.2 billion in a secondary share sale aimed at funding its AI ambitions. The company faces growing competition from U.S.-based firms like Amazon and Alphabet, which are investing heavily in artificial intelligence.
Tickers: $BABA $LITE $NVDA $SNDK
Topics: AI Stocks Alibaba Share Sale Nvidia Earnings Stock Futures Treasury Yields