15/08/2026
The Week That Was - 15 Aug 2026
The US S&P500 had a small gain of 0.44% but it was the smaller companies of the Russell 2000 and Mid Caps that performed best. Inflation seemed stable reducing the risk of rate hikes in September although consumer sentiment and spending continues to decline.
The Aussie ASX200 declined almost 1.5% and half of that was all on Friday. However, the previous 2 weeks were great. Tech continued to do well recently (poor earlier in the year) while Materials did poorly (but previously had done well.
Although the S&P Global 700 (SPTEST2) did well lifting 1%, Europe’s STOXX600 declined 0.35%, India’s Nifty 50 down 0.8%, China’s CSI300 down 0.7% and the Hang Seng falling 2.67%. Elsewhere was rosier with Canada’s TSX rising 1%, the TAIEX up 2.85%, despite Yen concerns Japan’s Nikkei 225 climbed 4.5% and Korea’s KOSPI soared 10.65% mainly on the back of chipmakers Samsung and SK Hynix.
And that’s the week that was.