Wall St rises on the day but falls for the week; bond yields and Iran in focus
US stocks rose on Wednesday, driven by a rebound in tech stocks, but fell for the week amid concerns over US inflation and rising Treasury yields. The Dow Jones, Nasdaq, and S&P 500 saw varied performances, with investors awaiting key inflation data and Nvidia's quarterly results. Gold prices hit a three-month high, while oil prices fell despite the threat of heavy US sanctions on Iran.
What changed
Gold prices reached their highest level in three months, driven by trader concerns over US inflation and bond market jitters.
Live updates
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Wall St rises on the day but falls for the week; bond yields and Iran in focus
US stocks rose on Wednesday, driven by a rebound in tech stocks, but fell for the week amid concerns over US inflation and rising Treasury yields. The Dow Jones, Nasdaq, and S&P 500 saw varied performances, with investors awaiting key inflation data and Nvidia's quarterly results. Gold prices hit a three-month high, while oil prices fell despite the threat of heavy US sanctions on Iran.
Why it matters
The US stock market has been experiencing volatility due to concerns over inflation, interest rates, and global economic developments. The Treasury Department's announcement of new sanctions on Iran and its trading partners has added to the uncertainty. Investors are closely watching upcoming economic data, including the PCE inflation report, and Nvidia's earnings results for insights into the market's future direction.
What is confirmed
- Gold hits its highest level in three months as traders worry about US inflation and bond market jitters.
- Spot gold touches almost $4,700 an ounce.
- Bitcoin tops $80,000.
- Oil prices fall despite threat of heavy US sanctions on Iran and any country trading with it.
- Traders are largely waiting on the sidelines ahead of Nvidia and crucial inflation data later this week.
Still unconfirmed
- US stocks open higher as tech stocks rebound before Nvidia results, data
What to watch next
- Nvidia's quarterly results
- the PCE inflation report
- Kevin Warsh's speech at Jackson Hole
confidence 75%Sources used for this update (4)
- www.theguardian.com — Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live
- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US stocks open higher as tech stocks rebound before Nvidia results, data
- finance.yahoo.com — Nasdaq rises as Wall Street gets relief from falling yields
- www.cnbc.com — Stock futures are little changed as traders await key inflation report, Nvidia earnings: Live updates
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US markets mixed as Iran sanctions and bond pressure weigh on global shares
US stocks opened lower Monday with the S&P 500 falling 0.27% and Nasdaq dropping 0.63%, though the Dow gained 0.21%. Investors are reacting to new sanctions against Iran trading partners announced by Treasury Secretary Scott Bessent and rising Treasury yields. While most Asian shares declined due to bond market pressure, Indian markets recovered Tuesday losses to end higher. Market participants are now awaiting Nvidia earnings, the PCE inflation report, and Kevin Warsh's speech at Jackson Hole.
Why it matters
Markets are entering a high-stakes week following back-to-back weekly declines for the Dow. Geopolitical tensions involving Iran and upcoming US economic data are driving current volatility. This period coincides with a meeting of top US economic officials at Jackson Hole.
What is confirmed
- The S&P 500 fell 0.27% and the Nasdaq dropped 0.63% during Monday's open.
- The Dow gained 0.21% on Monday.
- Asian shares mostly declined as bond market pressure increased.
- Treasury Secretary Scott Bessent announced new sanctions targeting partners of Iran.
- Indian markets saw the Sensex jump 287 points and the Nifty rise 116 points on Tuesday.
What to watch next
- Nvidia earnings report
- PCE inflation data release
- Kevin Warsh's Jackson Hole speech
confidence 95%Sources used for this update (4)
- apnews.com — Asian shares mostly decline as bond market pressure mounts
- economictimes.indiatimes.com — Dow Jones| Nasdaq | S&P 500 | US Stock Market Today | Live Updates: S&P 500, Nasdaq slip as Iran tensions test markets in high-stakes week
- www.abc.net.au — Markets live updates: Coles reports $1.1b annual profit, sets aside $235m to address worker underpayments
- economictimes.indiatimes.com — Sensex Today | Nifty 50 | Stock Market Highlights: Nifty rises 116 pts, ends above 24,300 on F&O expiry day; Sensex jumps 287 pts
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US Stocks End Week With Losses Despite Friday Gains
US stock indexes closed higher on Friday, including a 500 point surge for the Dow, but finished the week with overall losses. The Dow recorded back-to-back weekly declines. While US stock futures show gains and the Nasdaq 100 attempts to end a five-day slump, Treasury yields have edged upward. Market focus remains on bond yields and Iran, while Bitcoin has approached $80,000. In Asia, shares dipped as gold reached a high of over three months and the dollar hovered near multi-month lows.
Why it matters
Weekly losses follow a period of volatility across stocks and bonds. Investors are currently weighing the impact of looming US sanctions on Iran against broader economic indicators.
What is confirmed
- The Dow surged 500 points on Friday.
- US stock indexes closed higher on Friday but posted weekly losses.
- The Dow recorded back-to-back weekly losses.
Still unconfirmed
- The US dollar is hovering near multi-month lows.
What to watch next
- Implementation of US sanctions on Iran
- Nasdaq 100 performance over the next trading session
- Movement of Treasury yields
confidence 90%Sources used for this update (8)
- CNBC — Dow surges 500 points Friday, but index posts back-to-back weekly losses
- The New York Times — Stocks and Bonds Steady at the End of a Tumultuous Week
- Reuters — Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Bloomberg.com — US Stock Futures Gain as Nasdaq 100 Looks to Snap Five-Day Slump
- Investopedia — Markets News, Aug. 21, 2026: US Indexes Close Higher But Post Weekly Losses; Treasury Yields Edge Upward
- WSJ — U.S. Stocks Rise as Bitcoin Nears $80,000
- consent.yahoo.com — Shares, oil dip as US sanctions on Iran loom
- www.econotimes.com — Asia Roundup: Dollar hovers near multi-month lows, Asian shares dips, Gold hits over 3-month high, Oil falls -August 24th,2026