{"id":21807,"date":"2026-08-17T10:22:44","date_gmt":"2026-08-17T02:22:44","guid":{"rendered":"https:\/\/linkpgm.com\/august-17-market-recap\/"},"modified":"2026-08-17T10:23:47","modified_gmt":"2026-08-17T02:23:47","slug":"august-17-market-recap","status":"publish","type":"post","link":"https:\/\/linkpgm.com\/en\/august-17-market-recap\/","title":{"rendered":"August 17 Market Recap"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Last Friday, U.S. retail sales unexpectedly posted a month-over-month decline, and the U.S. Dollar Index continued its intraday downward trend, ultimately closing down 0.32% at 99.64;The benchmark 10-year U.S. Treasury yield closed at 4.697%, while the 2-year U.S. Treasury yield, which is sensitive to the Fed\u2019s policy rate, closed at 4.182%. <br\/>Spot gold dipped to $4,310 during the Asian session before stabilizing and rebounding; following the release of the retail sales data, gold surged to near the $4,400 level, ultimately closing up 0.59% at $4,376.59 per ounce;Spot silver ultimately closed up 0.37% at $64.7 per ounce. <br\/>Late Friday evening, a vessel was attacked in the Strait of Hormuz; the United Arab Emirates claimed Iran was responsible for the attack.WTI crude oil closed up 1.37% at $81.53 per barrel; Brent crude oil closed up 1.65% at $87.28 per barrel. <br\/>In U.S. markets, the Dow Jones Industrial Average closed down 0.20%, the S&amp;P 500 fell 0.17%,and the Nasdaq fell 0.28%. Drone technology company Unusual Machines (UMAC.N) surged 24.83%. Storage-related stocks continued their upward trend, with SanDisk (SNDK.O) up 7.39% and Micron Technology (MU.O) up 2.3%.Semiconductor stocks were mixed, with AMD (AMD.O) up 6.5%, Broadcom (AVGO.O) down 5.94%, and Applied Materials (AMAT.O) down 5.12%. The Nasdaq Golden Dragon China Index rose 0.6%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Friday, U.S. retail sales unexpectedly posted a month-over-month decline, and the U.S. Dollar Index continued its intraday downward trend, ultimately closing down 0.32% at 99.64;The benchmark 10-year U.S. Treasury yield closed at 4.697%, while the 2-year U.S. Treasury yield, which is sensitive to the Fed\u2019s policy rate, closed at 4.182%. Spot gold dipped to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21801,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"class_list":["post-21807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-news"],"_links":{"self":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/21807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/comments?post=21807"}],"version-history":[{"count":1,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/21807\/revisions"}],"predecessor-version":[{"id":21808,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/posts\/21807\/revisions\/21808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media\/21801"}],"wp:attachment":[{"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/media?parent=21807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/categories?post=21807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/linkpgm.com\/en\/wp-json\/wp\/v2\/tags?post=21807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}