Business

Stock Market Update and Company News

Updated 2026-08-12 18:25 UTC 2 sources Neutral

The S&P 500 is on track to close the day higher, while Goldman Sachs announced plans to expand its asset management unit. Other business news includes a discussion on potential impacts of Trump accounts and grandparent 529s on college costs.

Coverage timeline — 2 articles

CNBC

The S&P paces to snap a 2-day skid, and Goldman beefs up its asset management unit

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

2026-08-12 18:13 UTC

MarketWatch

Will Trump accounts and grandparent 529s bring down the price of college in the future?

Caps on student borrowing could also play into how America pays for college.

2026-08-12 18:20 UTC