Data as of: Beijing Time 08:00｜Corresponding US Stock 2026 Year8 Month18 Trading Day

 

1. Overnight US Stock Market

On August 18, the three major US stock indexes collectively closed lower for the second consecutive trading day, with technology, AI, and semiconductor sectors as the main sources of market pressure.

As of US stock market close:

1. Dow Jones Index: approximately -0.1%
2. S&P 500: approximately -0.5%
3. Nasdaq Composite Index: approximately -1.3%

The market was generally affected by high US Treasury yields, valuation pressure on AI-related assets, and geopolitical uncertainties.

The technology sector showed relative weakness, with NVIDIA falling about 2.5%, Micron Technology down about 5.9%, Broadcom declining about 3.7%. The semiconductor sector was broadly under pressure, and market risk appetite cooled somewhat.

The US 10 year Treasury yield remained at a relatively high level of about 4.71% , with the high interest rate environment continuing to exert some pressure on high-valuation growth stocks.

Meanwhile, international oil prices remained relatively high, with Brent crude oil around $91 per barrel. Energy prices and their impact on inflation expectations remain a focus for the market.

 

2. TEBBIT US Stock Perpetual Market｜August 18 Trading Day Statistics

Statistical benchmark: 2026 Year 8 Month 18 US stock regular trading session closing prices

The following data uses the corresponding US stock targets’ 2026 Year 8 Month 18 regular trading session closing performance as reference to reflect the daily spot market performance corresponding to TEBBIT US stock related USDT perpetual targets.

TEBBIT Perpetual Target	Corresponding US Stock Target	August 18 Closing Price	Daily Change
NVDAUSDT	NVIDIA	About $219.00	-2.6%
TSLAUSDT	Tesla	About $331.42	-1.2%
AAPLUSDT	Apple	About $307.46	+0.6%
MSFTUSDT	Microsoft	About $481.61	+0.26%
AMZNUSDT	Amazon	$259.61	-0.65%
METAUSDT	Meta Platforms	About $543.60	-4.0%
SNDKUSDT	SanDisk	$1,612.56	-9.5%
SPYUSDT	SPDR S&P 500 ETF	About $768.04	-0.60%

Data Explanation

The closing prices and daily changes in this table are uniformly calculated based on the 2026 Year 8 Month 18 US stock regular trading session.

It should be noted that TEBBIT USDT perpetual contracts are continuous trading products, and their actual trading price, mark price, and settlement price may be affected by pre-market, after-hours, and US stock market closed periods, so TEBBIT perpetual contract prices may differ somewhat from the corresponding US stock spot closing prices.

Real-time prices, index prices, rolling 24 hour trading volume, funding rates, and other trading data of TEBBIT perpetual contracts are subject to the actual data displayed on the TEBBIT platform.

The daily changes in this table are not the TEBBIT perpetual contracts’ own 24 hour change, but the corresponding US stock targets’ August 18 regular trading session changes.

 

3. Market Observation｜Technology and AI Sectors Under Pressure

On August 18, the US stock market continued its adjustment trend, but market pressure further concentrated on large technology, AI, and semiconductor sectors.

The Nasdaq Composite Index’s decline was notably greater than the Dow Jones and S&P 500, indicating a reduced market risk appetite for high-valuation growth sectors.

The semiconductor sector was one of the main drags, with NVIDIA, Micron, and Broadcom among AI-related stocks generally retreating.

The market is currently focused on two main aspects.

On one hand, valuation pressure on AI-related assets has increased.

Previously, the AI and semiconductor sectors had sustained increases, with some related stocks accumulating significant gains. With valuations at high levels, the market is beginning to focus more on whether companies’ future profit growth can match current valuations.

On the other hand, US Treasury yields remain high.

A high long-term interest rate environment raises the discount rate on growth companies’ future cash flows, making technology stocks typically more sensitive to interest rate changes.

For the TEBBIT US stock perpetual market, if volatility in the technology sector continues to expand, NVDAUSDT, METAUSDT, and SNDKUSDT and other related targets may see more pronounced short-term fluctuations.

 

4. Key Target｜NVDAUSDT

NVIDIA Retraced About 2.6% on August 18

NVIDIA remains an important observation target in the current AI industry chain and US tech sector.

On August 18, NVIDIA’s stock price fell about 2.6%, weakening in line with other semiconductor and AI-related stocks.

After a prolonged rise in the AI and semiconductor sectors, the market has experienced some profit-taking.

The main factors currently influencing NVIDIA’s short-term performance include:

1. AI industry growth expectations;
2. Semiconductor sector valuation levels;
3. US long-term Treasury yields;
4. AI capital investment and future profitability;
5. Overall US stock market risk appetite;
6. Global macroeconomic and geopolitical environment.

For NVDAUSDT traders, attention can be focused on NVIDIA’s trading volume and price performance when the US stock market reopens, as well as overall capital flow in the technology sector.

If the technology sector continues to weaken, NVDA may experience further amplified short-term volatility; if market risk appetite rebounds, previously strong AI leaders could see rapid rebounds.

 

5. Today’s Market Focus

1. US Corporate Earnings Reports

On August 19, US corporate earnings continue to enter an important phase.

Key focus:

Pre-market:

1. Target (TGT)
2. Lowe’s (LOW)
3. TJX Companies (TJX)
4. Analog Devices (ADI)

Retail earnings will provide further clues for the market to assess US consumer spending, demand, and corporate operating conditions.

Sales data and management’s views on the consumer market from Target, Lowe’s, and TJX may become important references for observing US consumer conditions.

Stock prices of related companies may experience significant volatility around earnings releases, and TEBBIT perpetual contract price fluctuations and market liquidity may also change accordingly.

 

2. Federal Reserve July FOMC Meeting Minutes

Release time: Beijing Time August 20 02:00

The Federal Reserve’s July FOMC meeting minutes will be one of this week’s key macro market events.

The market is focusing on further statements from the Fed regarding:

1. Inflation trends;
2. Labor market;
3. Interest rate policy;
4. Subsequent paths for rate cuts or hikes;
5. Internal policy disagreements within the Fed.

The July meeting maintained rates unchanged, but policy stance remains highly watched by the market.

If the minutes signal a more hawkish stance, US Treasury yields may rise further, putting pressure on high-valuation tech stocks.

Conversely, if the market perceives a more cautious future Fed policy, growth tech stocks may receive some support.

 

6. Today’s Trading Session Reminders

Main US Stock Trading Hours｜Beijing Time 21:30–04:00 (next day)

During the main US stock market trading hours, market participants are more concentrated, and price discovery and liquidity are usually more adequate.

For TEBBIT US stock perpetual trading, this period is typically when market attention and price volatility are higher.

US Stock Pre-market｜16:00–21:30

Liquidity for some stocks may be relatively low during the pre-market phase.

If major news, company announcements, or earnings reports occur, related targets may experience rapid price changes.

US Stock After-hours｜04:00–08:00

Some listed companies may release earnings or major announcements after the US market close, so price changes in related targets during after-hours should also be monitored.

US Stock Market Closed Period

TEBBIT US stock related perpetual products may continue trading, but the corresponding stock spot market is closed.

Traders should pay special attention to:

1. Changes in market liquidity;
2. Widening bid-ask spreads;
3. Impact of external market news;
4. Price gaps at the next trading day’s US stock market open;
5. Overnight volatility caused by earnings and macro events.

Today’s key focus

FOMC meeting minutes, US corporate earnings, and performance of major tech stocks such as NVDA, META , etc..

 

7. Key Observations for Today

① NVDAUSDT

Focus on whether NVIDIA sees capital inflow after the previous day’s pullback and changes in trading volume after US market opens.

② METAUSDT

Meta fell about 4.0% on August 18, a relatively large drop among major tech stocks, with short-term volatility worth monitoring.

③ SNDKUSDT

SanDisk declined about 9.5% on August 18, significantly more than the broader market and other key tech stocks, making it one of the current high-volatility targets.

④ SPYUSDT

SPY can serve as an important reference target for observing overall market risk appetite in the S&P 500.

⑤ US 10-Year Treasury Yield

Changes in the 10-year US Treasury yield remain an important macro variable for judging current valuation pressure on growth stocks.

If Treasury yields remain high, technology and growth stocks may continue to face valuation pressure.

 

8. Risk Warning

US stock perpetual contracts are leveraged trading products, and market price fluctuations may be further amplified by leverage, potentially resulting in partial or total margin loss under extreme conditions.

Market risks may significantly increase during the following periods:

1. Around US stock market open and close;
2. Before and after important corporate earnings releases;
3. Before and after Federal Reserve meeting minutes release;
4. During release of important US economic data;
5. During rapid changes in geopolitical situations;
6. When the US stock spot market is closed but perpetual contracts continue trading.

Traders are advised to reasonably control position size and leverage according to their risk tolerance, and to implement stop-loss and fund management measures.

 

9. Disclaimer

The information contained herein is for market information and reference only and does not constitute any investment advice, trading advice, buy or sell recommendations, offers, or commitments.

The US stock market data involved mainly references publicly available market information; TEBBIT perpetual contract related prices, trading volume, funding rates, index prices, and other trading data are subject to the actual data displayed on the TEBBIT platform.

Due to differences in market, trading platform, and data sources in quotation methods, statistical periods, trading hours, and data update speeds, related data may have certain deviations or delays.

The US stock closing prices and daily changes listed herein are based on the 2026 Year 8 Month 18 US stock regular trading session as the statistical standard and do not represent TEBBIT perpetual contracts’ own 24 hour change.

Digital assets and US stock perpetual contracts carry high market risks; past performance does not guarantee future results. Users should independently assess market risks and bear related trading risks themselves.

TEBBIT Team

August 19, 2026