Market Open: Stocks Gain, Bitcoin & Gold Back in Style, Oil Falls • 8/25/26

Summary

CNBC's market open update reports stocks trading higher as Treasury yields dip and chip stocks rise ahead of Nvidia earnings. Bitcoin and gold are back in favor, while oil prices fall on signals the US does not expect a full-scale Middle East war. Geopolitical headlines include US-Iran sanctions and US-Canada trade tensions. Corporate news includes weak Dick's Sporting Goods results and record Lego revenue.

• Stocks opened higher with the Dow, S&P 500, and Nasdaq positive while Treasury yields ticked lower.
• Semiconductor stocks rose ahead of Nvidia earnings due tomorrow, including Micron and AMD.
• Bitcoin traded near $79,000 after briefly topping $80,000, while gold hovered near a three-month high.
• Oil prices fell about 3% on reports of US diplomats returning to the Middle East, signaling reduced full-scale war expectations.
• US-Iran sanctions pressure focuses on China, UAE, Turkey, Iraq, and India, drawing criticism from China.
• US-Canada trade tensions escalated as Canada said cutting electricity exports to the US is on the table.
• Dick's Sporting Goods shares dropped over 10% after an earnings miss, while Lego posted record first-half revenue.