Investors heartened by Warsh inflation talk, still uncertain about Fed action

Investors heartened by Warsh inflation talk, still uncertain about Fed action

By Lewis Krauskopf, Saqib Iqbal Ahmed and Laura Matthews

Fri August 28, 2026

The charts show a big bump on the Dow up some 260 until 11:30, then crashing down to zero for the rest of the day with a similar pattern on the S&P but the Nasdaq sliding more deeply into the red with a 3-digit loss by close. But all reports today focused on Warsh’s speech at Jackson Hole in which he spelled out that inflation was still not being curbed and that rate hikes may well be in the Fed’s future.

Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh

Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh

By Saeed Azhar, Purvi Agarwal and Niket Nishant

Thu August 27, 2026  

It could easily have been a self-fulfilling prophecy for disaster with markets expecting such lofty results from Nvidia that, had they been less than stellar, the AI boom might have been dampened. But lucky for the markets, Nvidia came through with a glowing report that has once again firmly put AI on a vigorously forward path. The company’s forecast for a whopping 70% revenue growth next year is almost double the market’s lofty estimate of 40% and even topping Morgan Stanley’s impossibly optimistic 52% forecast.  

Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings

Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings

By Saeed Azhar, Purvi Agarwal and Niket Nishant

Wed August 26, 2026  

The headlines say “Hot Inflation Reading” coming in at 3.7%, more than twice the Fed’s target, but that’s not exactly accurate. What really happened is the PCE reading came in completely unchanged from last month which was also 3.7%, meaning inflation didn’t cool at all contrary to hopes. The estimate was for 3.6%. It remains a sticky wicket putting a September rate hike back on the table but with the relatively low odds of 38%.  Though it is doubtful that any such announcement is forthcoming in September, if the picture doesn’t improve the Fed may have no choice but to move off the sidelines.  

Wall Street ends higher as tech rebounds before Nvidia results

Wall Street ends higher as tech rebounds before Nvidia results

By Saeed Azhar, Purvi Agarwal and Niket Nishant

Tue August 25, 2026  

It was a choppy yet fruitful day with all three indexes recovering from recent pullbacks. The recovery, especially in tech, was a good harbinger of expectations of positive results from Nvidia on Wednesday. PCE will also be out on Wednesday which will also give a boost if it shows inflation in the right direction. Today’s rally was partly motivated by the 30-year yield falling along with oil, oil down to a one-week low.  

S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves

S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves

By Saeed Azhar, Purvi Agarwal and Niket Nishant

Mon August 24, 2026  

More threats against Iran plus now additional threats against allies trading with Iran continued to aggravate war worries and send tech down, the chips hit particularly hard. All of this was further exacerbated by the continuing and very omnipresent opposition to the building of AI centers with even Texas governor Abbott now joining the protests. All the turbulence has continued to push the 30-year bond higher with Bessent considering tapping into the $1T General Account to continue bond buybacks.  

Wall St rises on the day but falls for the week; bond yields and Iran in focus

Wall St rises on the day but falls for the week; bond yields and Iran in focus

By Sinéad Carew and Avinash P

Fri August 21, 2026  

Investors took a bit of a breather today and there was some old-fashioned bargain hunting as all the indexes went steadily straight up despite bond yields continuing to rise and the war with no end in sight. Trump has threatened severe economic sanctions against Iran and Iran has countered by vowing a “devastating” response if it happens. None of this seemed to sour investors and the light volume suggested “wait-and-see” and there’s a lot to wait-and see. 

Wall Street sinks as bond yields rise, Walmart results disappoint

Wall Street sinks as bond yields rise, Walmart results disappoint

By Sinéad Carew and Avinash P

Thu August 20, 2026  

Just as two good things happened yesterday, two bad things happened today. First and foremost, those long-awaited retail numbers to show the health of the market came in very weak, with bellwether Walmart very much disappointing which crashed its stock down 9.2%. As could be expected, other retail giants followed suit with losses between 1 and 2.6%.