Friday, August 28, 2026
🐻 bearish
Snapshot:
Chip Woes Weigh on Tech as Fears Persist
S&P 500 7,711.76 7711.8
-0.25%
7 days
NASDAQ 26,402.42 26402.4
-0.52%
7 days
DOW 53,559.99 53560.0
-0.02%
7 days
📈 Leading Sectors
- Communication +1.42%
- Consumer Discretionary +1.15%
- Energy +0.63%
📉 Lagging Sectors
- Industrial -0.93%
- Utilities -1.04%
- Technology -1.55%
📰 Top Financial News
- Market Braces For Warsh Speech; Marvell, Affirm, PayPal Big Movers - Investor's Business Daily→
- What if the A.I. Stock Market Rally Is Just Getting Started?→
- Stocks Turn Down as Warsh Talks Up Rates: Stock Market Today→
- Stock Market News for Aug 28, 2026→
- The Stock Market Got What It Needed From Nvidia and Warsh. Here’s What Comes Next. - Barron's→
📊 Earnings Today
📝 Summary
The S&P 500 and Nasdaq declined by 0.25% and 0.52% respectively, while the Dow edged down 0.02%, contributing to a bearish market mood. The market was led by gains in Communication and Consumer Discretionary sectors, while Technology lagged, with MSTR and COIN plummeting 7.3% and 6.3% respectively, amid Warsh’s comments on rate hikes.
🎯 Prediction Markets
Market odds from Polymarket
Will Anthropic’s valuation be at least $2.25T at the end of August 2026?
No 100%
Will Shein's closing IPO market cap be at least 350B HKD?
No 96%
Yes 4%
WTI Crude Oil (WTI) Up or Down on August 28?
Down 100%
Will US Dollar Index (DXY) hit (HIGH) 99.80 Week of August 24 2026?
No 100%
Odds are for entertainment purposes only. View on Polymarket →