On August 11, the three major U.S. stock indexes closed with modest declines. The Dow Jones Industrial Average slipped 0.45%, the Nasdaq Composite Index retreated 0.3%, and the S&P 500 Index fell 0.25%. Large-cap technology stocks largely underperformed, with Apple, Microsoft, and NVIDIA experiencing slight declines. Intel bucked the trend, with its share price surging over 3%. Meanwhile, Tesla extended its winning streak to four consecutive days, with its share price increasing by more than 2%. Notably, Fannie Mae and Freddie Mac saw significant gains, with their share prices rising 15% and 13%, respectively, reaching new highs not seen since 2008.
