--- title: "Stocks Suffer Weekly Drops Despite Frantic Friday Rally" type: "News" locale: "en" url: "https://longbridge.com/en/news/296651036.md" description: "Despite a frantic Friday rally where the Dow gained over 500 points and the Russell 2000 reclaimed 3,000, major U.S. stock indexes suffered weekly drops. The S&P 500 and Nasdaq fell over 1%, while the Russell 2000 posted its worst weekly performance since June. Healthcare and crypto stocks drove the daily gains, but failed to offset early-week losses driven by Treasury yield surges. Meanwhile, gold and crude oil posted healthy weekly wins." datetime: "2026-08-21T20:36:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296651036.md) - [en](https://longbridge.com/en/news/296651036.md) - [zh-HK](https://longbridge.com/zh-HK/news/296651036.md) generator: "portal-rs" --- # Stocks Suffer Weekly Drops Despite Frantic Friday Rally Investors managed to scrub up nicely for the last trading day of a tumultuous week, the Dow climbing over 500 points and the Nasdaq jumping triple digits as well. Healthcare and **cryptocurrency names** were the driving force behind most of the outperformance, as traders look for stability after an early-week surge in Treasury yields. Today's pop wasn't enough to erase the steep weekly losses for the indexes, however, with the S&P 500 and Nasdaq each marking a drop of over 1%. The Russell 2000 Index (RUT), despite finishing back above 3,000 today, turned in its worst weekly performance since June 5. *Continue reading for more on today's market, including:* - Now could be the time to bet on **ACN's next move lower**. - **Wall Street's "fear gauge"** flashed a concerning signal earlier this week. - Plus, BJ's post-earnings surge; bull note sends Broadcom higher; and five tips for traders. ## 5 Things to Know Today 1. Make a profit off these buzzworthy **energy stocks**. 2. Here's how you can help us make a **difference at Schaeffer's.** 3. A **raised outlook** sent BJ's Wholesale stock surging. 4. Broadcom stock **bags another bull note**. 5. Five tips for investors looking to trade **short-term options**. ** ** ## Gold, Crude Post Healthy Weekly Wins Crude prices stabilized after Iran's president Masoud Pezeshkian expressed eagerness for the war to end when Iran is “in a position of power and dignity,”. September-dated West Texas Intermediate (WTI) oil added 23 cents to settle at $87.06 per barrel on the day and up more than 5% for the week. Gold futures tapped a three-month high as the U.S. dollar softened. The most-active December-dated gold added 2.4% to settle at $4,680.60 for the day and logged its third-straight weekly win, adding roughly 5%. ### Related Stocks - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [GLL.US](https://longbridge.com/en/quote/GLL.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md) - [ACN.US](https://longbridge.com/en/quote/ACN.US.md) - [BJ.US](https://longbridge.com/en/quote/BJ.US.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) ## Related News & Research - [FACTBOX-Proposed Canadian crude oil pipeline projects](https://longbridge.com/en/news/296209307.md) - [W.Africa Crude - Market holds steady](https://longbridge.com/en/news/296255852.md) - [PRECIOUS-Gold retreats as bond yields surge to highest levels in decades](https://longbridge.com/en/news/296241483.md) - [PRECIOUS-Gold holds steady with Fed minutes in focus](https://longbridge.com/en/news/296310600.md) - [Oil edges up on uncertainty over exports through Hormuz](https://longbridge.com/en/news/296282399.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**