Benzinga
19 Aug 2026, 06:04 UTC · 9w ago
Stock Market: Will S&P 500 Open Up or Down Today?
Impact · against what's priced in
Broad market indices face immediate downward pressure due to contagion from Asian market sell-offs and heightened geopolitical risk in the Middle East. While corporate credit stability provides a fundamental floor, the high negative correlation between yields and stocks makes the indices highly vulnerable to the upcoming FOMC minutes and persistent inflation.
- QQQ−0.30
No priced-in read yet
- In context
The Nasdaq-100 is particularly sensitive to the negative correlation between yields and stocks, compounding the impact of a 1.69% decline on Tuesday and downward futures trends.
Read from the article alone
