Public Markets 3 Hours

Last updated: August 11, 2026, 11:34 PM ET

Equities

India’s small-cap funds have continued to draw strong investor inflows, with smaller stocks comfortably outpacing large caps this year. Sanrio tumbled as much as 20% — the steepest drop since 2014 — after first-quarter operating income missed market estimates. Nvidia is working with Wall Street to build a novel financing pipeline that uses its AI chips as collateral, a move executives are calling a new asset class but critics question.

Currencies & Commodities

The Singapore dollar weakened against the greenback as investors await U.S. inflation data that could set the Federal Reserve’s policy path. Yen traders have ramped up options activity, seeking flexibility amid a lack of consensus on the currency’s direction. Gold edged higher in early Asian trade, also buoyed by the upcoming CPI release.

Fixed Income

China’s free-trade zone bonds are showing signs of revival after a 2023 crackdown on local government borrowing had effectively shut the market for Shanghai-based issuance.

Corporate Moves

Cracker Barrel CEO Julie Masino quietly blessed efforts to find her successor even as she publicly charted a turnaround from a controversial rebranding. Paramount CEO David Ellison has suggested the company may leave California, citing the ongoing antitrust battle over its Warner Bros. deal.

Politics & Policy

New Zealand PM Luxon won a party confidence vote less than three months before a general election, securing his leadership. Trump officials Marco Rubio, Scott Bessent and Howard Lutnick secretly traveled on a decoy plane from Turkey while the president disembarked. Senate candidate Abdul El-Sayed deleted old posts defending defund‑the‑police and floating an end to fireworks, sparking Republican attacks.

Other Headlines

Derecho storms tore across the Midwest, covering hundreds of miles with winds nearing 100 mph. A party boat rescue near Liberty Island saved 12 passengers, but a mother and daughter died, prompting a federal investigation. Maine’s Madison Paper mill, once the town’s economic engine, has a new owner but uncertainty persists about the community’s future.