BALTIMORE (AP) — Clothing retailer Under Armour is investigating a recent data breach that purloined customers' email addresses and other personal information, but so far there are no signs the hackers stole any passwords or financial information.
The breach is believed to have happened late last year, and affected 72 million email addresses, according to information cited by the cybersecurity website Have I Been Pwned. Some of the records taken also included personal information that included names, genders, birthdates and ZIP codes.
In an Under Armour statement acknowledging its investigation into the claims of a data breach, the Baltimore-based company said: “We have no evidence to suggest this issue has affected UA.com or systems used to process payments or store customer passwords. Any implication that sensitive personal information of tens of millions of customers has been compromised is unfounded.”
Have I Been Pwned CEO Troy Hunt said that he agrees with Under Armour's assertion, based on the information that has emerged so far. But he also said he was surprised by the lack of an official disclosure statement from the company.
“That’s unusual, especially given the size of the organisation, the scale of the breach and the amount of time that has passed since the incident,” Hunt, based in Australia, wrote by email Thursday. “In their defence, they’re also the corporate victim of malicious criminal activity and I’m sure they’ve had their hands full dealing with the fallout.”
FILE - The company logo graces a sales tag on a compression shirt for sale in an Under Armour store in an outlet mall on May 3, 2021, in Lakewood, Colo. (AP Photo/David Zalubowski, File)
NEW YORK (AP) — U.S. stocks are drifting ahead of a week packed with potentially market-moving events. The S&P 500 slipped 0.2% Monday and pulled further from its all-time high set earlier this month. The Dow Jones Industrial Average edged up by 67 points, and the Nasdaq composite fell 0.5%. Later this week will come Nvidia’s profit report, which could shed light on how strong the AI boom remains. On Friday, Federal Reserve Chairman Kevin Warsh will give a speech when pressure is rising on him to raise interest rates to get inflation under control. Longer-term yields eased in the bond market after oil prices dipped.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
US futures are lower as bond market pressure will have investors eyeing an annual meeting of top U.S. economic officials at Jackson Hole, Wyoming later in the week.
The future for the S&P 500 was down 0.2%. On Friday, the S&P 500 rose 0.4% for just its second gain in the six days since setting its all-time high last week. Dow Jones Industrial Average futures fell 0.1%, while Nasdaq futures slipped 0.7%.
Investors will get an important inflation update on Wednesday when the U.S. releases its report on personal consumption expenditures, or PCE, for July. It is the Federal Reserve’s preferred measure of inflation. Much like the consumer price index, it has shown that the rate of U.S. consumer inflation remains stubbornly above 3%.
Also on Wednesday, the Commerce Department will issue its second estimate of how the U.S. economy performed in the second quarter of 2026. The government's first estimate, issued last month, showed that the U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth.
The Fed has been struggling to get inflation back to its target rate of 2%. Inflation has crept higher after the U.S. imposed a wide range of tariffs globally. It has climbed further as the Iran war slowed global oil shipments from the Strait of Hormuz.
Last week, rising bond yields forced the U.S. Treasury Department into an unusual intervention and raised the specter of higher borrowing costs weighing on consumer spending, the lifeblood of the economy. It also sparked concerns that investors balk at financing a seemingly endless flow of government borrowing.
The bond markets got only temporary relief from Treasury Secretary Scott Bessent’s announcement that the government would double its buybacks of longer-term bonds. That was meant to bring down the 10-year Treasury yield and lower mortgages. The 10-year yield rose back to 4.73% Friday, matching its highest point in more than a year. It was at 4.72% on Monday.
The 30-year Treasury yield, which the Fed is also targeting with its bond repurchases, climbed and is near its highest level since 2007.
Higher yields can slow the economy and undercut prices for all kinds of investments.
The bond market has remained jumpy, and investors will be watching for signals from Federal Reserve Gov. Kevin Warsh regarding rates and other policies in a key speech at the annual gathering of U.S. economic leaders in Jackson Hole later this week.
U.S. markets are also starting the week with a focus on technology stocks. Shares of Sandisk dropped 5%, while Corning slid 3% and Coherent fell more than 5%. Micron Technology's stock slipped 3%.
Oil prices also declined on Monday as Iran’s currency hit a record low as the U.S. prepared to announce new sanctions to try to break the impasse with Iran, adding pressure when its economy is already battered by earlier sanctions and a U.S. naval blockade.
The rial dropped to 2.02 million to the U.S. dollar on informal currency markets. Iran’s official Central Bank rate stood at around 1.5 million rial to the dollar, but the informal rate is what most Iranians pay.
Uncertainty about when the war with Iran will allow oil tankers to freely exit the Persian Gulf again has roiled markets, causing oil prices to rise and pushing up Treasury yields due to worries over inflation.
The outlook remained murky Monday. The new head of Iran’s top security body warned Sunday that Tehran will see any country’s support for new U.S. economic measures against the Islamic Republic as an “act of war,” while Iran’s president defended a memorandum of understanding with the United States as the best way out of the stalled conflict.
The price for a barrel of Brent crude oil was 1.7% lower at $91.06 on Monday. U.S. benchmark crude fell 2.2% to $85.18 per barrel.
In Europe, Germany's DAX edged down slightly to 26,133.59, while the CAC 40 in Paris also gave up 0.1%, to 8,480.49. Britain's FTSE 100 inched up 0.2% to 10,839.52. Asian markets declined.
In other dealings, the U.S. dollar bought 159.23 Japanese yen, up from 158.94 yen late Friday. The euro fell to $1.1665 from $1.1678.
Options traders work on the floor of the New York Stock Exchange in New York, Friday, Aug. 21, 2026. (AP Photo/Yuki Iwamura)
Specialists Dilip Patel, right, and Dylan Halvorsen work on the floor of the New York Stock Exchange in New York, Friday, Aug. 21, 2026. (AP Photo/Yuki Iwamura)
A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Thursday, Aug. 20, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 21, 2026. (AP Photo/Ahn Young-joon)
People stand in front of an electronic stock board showing Japan's Nikkei index at a securities firm Monday, Aug. 24, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A person walks by an electronic stock board showing Japan's Nikkei index at a securities firm Monday, Aug. 24, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A surveyor works in front of a stock market chart Monday, Aug. 24, 2026 in Tokyo. (AP Photo/Eugene Hoshiko)
