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Lance Roberts reports that the S&P 500 ended the week of July 26, 2026 at 7,306, registering a 2.4% decline from the prior Friday.
The Nasdaq 100 experienced an even steeper drop, down 4.6%, as megacap technology stocks that have been supporting the market throughout the year saw significant declines.
Roberts previously reported that the S&P 500 rose more than 10% year to date, even as U.S. retail investor sentiment remained negative. Earlier this month, he noted that markets were focused on the Federal Reserve’s revised policy statement rather than an expected pause in interest rates. These developments come as major indexes post rare weekly declines.