As of Friday, August 14, 2026 (4:00 PM ET close), the S&P 500 closed at 7,785.76 — down -0.17% from Thursday August 13's 7,798.99 close, and +0.42% WTD versus Monday August 10's 7,753.11 close. The session was the mirror image of Thursday's cool-PPI absorption: the morning's July Retail Sales printed -0.6% MoM headline — the first monthly decline in nine months — and the market sold bonds aggressively, sending the 10Y from 4.64% to 4.70% (+6 bp), fully reversing Thursday's drift. TLT -0.67% to $82.04; GLD +0.63% to $401.48; VIX compressed to 14.25 (-2.60%, -7.83% WTD). XLE led (+1.39%); XLV lagged (-0.60%); XLK -0.40% on the AMAT -7.7% after-hours overhang (Q3 revenue $9.12B beat, EPS $3.50 beat, stock down on guidance linearity). The 1-month 7,800 target is +0.18% above; 3-month 7,900 is +1.47% above; year-end 8,000 is +2.75% above. Next: August 26 core PCE, Jackson Hole (Aug 27-29), September 15-16 FOMC.