Wall Street ends lower as higher yields, rising oil prices mark shaky start to September

Wall Street ends lower as higher yields, rising oil prices mark shaky start to September

By Stephen Culp and Niket Nishant

Tue September 1, 2026

It was another great rout today as escalating hostilities in the war since Friday have further dampened any prospects for an end to the crisis and as oil continues to spike, inflation concerns deepen. The consensus grows closer every day to a September rate hike, today the odds at 68.2% vs 65 yesterday and 39.6 a week ago. The day was awash with bad news from climbing Treasury yields after hitting a 19-month high yesterday to a slowing job market and factory activity losing momentum, all triggered by uncertainties created by the war.   

Wall Street closes lower as oil prices jump, indexes notch monthly gains

Wall Street closes lower as oil prices jump, indexes notch monthly gains

By Stephen Culp and Niket Nishant

Mon August 31, 2026  

Last week, investors took some comfort in Warsh’s comments since, even though hawkish, at least provided more clarity. But over the weekend, the markets reassessed the whole inflation outlook getting worse and worse and with today’s spiking oil prices, attributed entirely to the war and reinforcing the bleak inflation outlook, all three indexes dropped like rocks. And dropped right out the gate and stayed there all day. The Nasdaq, down over 250 as late as 3 pm, made an 11^th hour comeback mainly due to evidence that AI was still alive and well despite recent weakness.  

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.