📊 Weekly Market Scoreboard

Week ending August 28, 2026

Index Close Weekly
S&P 5007,711.76▲ +0.77%
Nasdaq26,402.42▲ +1.63%
Dow Jones53,559.99▲ +0.27%
Russell 20002,972.37▼ -0.76%

🏢 Sector Heatmap

Sector Weekly
Technology ▲ +3.13%
Communication ▲ +0.60%
Financials ▼ -0.21%
Energy ▼ -0.68%
Materials ▼ -0.75%
Consumer Disc. ▼ -0.92%
Industrials ▼ -1.04%
Utilities ▼ -1.13%
Real Estate ▼ -1.88%
Healthcare ▼ -2.03%
Consumer Staples ▼ -2.29%

🔎 The Week That Was

It was a tale of two markets this week. The Nasdaq jumped 1.63% to 26,402.42 and the S&P 500 added 0.77% to 7,711.76, but the small-cap Russell 2000 slipped 0.76% — a reminder that this rally was concentrated at the top, not spread across Main Street.

The divide came straight from the sector board. Technology surged 3.13% while nine of eleven sectors finished in the red. Defensive corners took the worst of it: Consumer Staples fell 2.29%, Healthcare dropped 2.03%, and Real Estate shed 1.88%. When investors dump the safe stuff and pile into software, it usually means risk appetite is running hot.

The Dow's modest 0.27% gain tells you how narrow the leadership really was. Without a handful of mega-cap tech names doing the heavy lifting, the average blue-chip barely budged, and energy names actually dragged as the sector slipped 0.68%.

Heading into Monday, the question is whether the tech enthusiasm broadens out or stays penned into a few winners. Watch whether the beaten-down defensives find footing — a bounce there would signal the selling was profit-taking, not a warning sign.
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🟢 Top 5 Winners

Ticker Price Weekly
CRM$256.00▲ +22.45%
CRWD$218.40▲ +14.54%
TEAM$190.41▲ +11.14%
NET$299.84▲ +6.95%
PLTR$186.29▲ +5.91%

🔴 Top 5 Losers

Ticker Price Weekly
PYPL$53.66▼ -13.00%
U$43.31▼ -6.17%
LLY$1174.61▼ -5.80%
MRVL$216.62▼ -5.53%
XOM$156.71▼ -4.47%

📈 What Drove the Moves

Salesforce was the undisputed star, ripping 22.45% to $256 as its AI-driven cloud story reignited investor excitement. The enthusiasm was contagious across enterprise software — CrowdStrike climbed 14.54% to $218.40, Atlassian rose 11.14% to $190.41, Cloudflare gained 6.95% to $299.84, and Palantir tacked on 5.91% to $186.29. This was a full-blown software renaissance week.

The losers list was messier and more company-specific. PayPal cratered 13% to $53.66, the clear worst performer, while Eli Lilly slid 5.80% to $1,174.61 and Marvell dropped 5.53% to $216.62 — the latter a rare miss in an otherwise triumphant chip-and-software narrative.

Energy names felt the pressure too, with Exxon down 4.47% to $156.71 despite headlines about a Venezuela oil deal and PetroChina's 22% profit jump. Sometimes strong industry news isn't enough to lift a stock when the whole sector is out of favor.
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📅 Earnings: Week Ahead

Ticker Company Date Est. EPS
PANWAfter-HrsPALO ALTO NETWORKS INCORPORATE2026-09-01$0.51
AVGOAfter-HrsBROADCOM INCORPORATED2026-09-02$2.83
SNOWAfter-HrsSNOWFLAKE INCORPORATED2026-09-02$-0.51
LULUAfter-HrsLULULEMON ATHLETICA INCORPORAT2026-09-03$1.79
ZSAfter-HrsZSCALER INCORPORATED2026-09-03$0.06

🔭 What to Watch This Week

This week is a software gauntlet, and it kicks off fast. Palo Alto Networks reports Monday with Wall Street expecting $0.51 per share — a key read on whether cybersecurity spending is holding up after CrowdStrike's big week. Then Wednesday brings the heavyweight: Broadcom, with analysts penciling in $2.83, and any commentary on AI chip demand could move the entire semiconductor complex.

Also on Wednesday, Snowflake reports with an expected loss of $0.51 per share, so investors will focus on revenue growth and consumption trends rather than the bottom line. Zscaler follows Thursday at an estimated $0.06, giving us a second cybersecurity data point in the same week.

One non-tech name to watch: Lululemon reports Thursday with $1.79 expected. After a rough stretch for consumer discretionary, its results will tell us whether shoppers are still willing to pay premium prices — a useful pulse check on the health of the American consumer heading into fall.

📰 Further Reading

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