News Bulletin
Wednesday, August 26, 2026
Evening Edition

Economic Numbers:

Time	Event	Actual	Forecast	Previous
Wednesday, August 26, 2026
8:30	Core PCE Price Index (YoY) (Jul)	3.30%	3.30%	3.30%
8:30	Core PCE Price Index (MoM) (Jul)	0.20%	0.20%	0.10%
8:30	GDP (QoQ) (Q2)	1.50%	1.50%	2.10%
8:30	Durable Goods Orders (MoM) (Jul)	1.10%	0.40%	0.30%
8:30	Core Durable Goods Orders (MoM) (Jul)	0.40%	0.60%	1.10%
10:30	Crude Oil Inventories	0.095M	1.600M	4.405M
10:30	Cushing Crude Oil Inventories	1.176M		-1.314M

Indices

	CLOSE	50 DMA	200 DMA
DJIA	53,464.59	52,724.95	49,650.50
NASDAQ	26,130.20	25,948.37	24,283.71
S&P 500	7,652.86	7,675.71	7,108.63

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC: After Market Close)

COMPANY	EPS Act	EPS Fore	Rev Act	Rev Fore	Mkt Cap	Time
NvidiaNVDA:US	-	2.08	-	91.73B	$4.78T	PM
CrowdStrike HoldingsCRWD:US	-	0.29	-	1.44B	$184.14B	PM
SalesforceCRM:US	-	3.28	-	11.32B	$170.00B	PM
SynopsysSNPS:US	-	3.67	-	2.44B	$80.23B	PM
AgilentA:US	-	1.49	-	1.84B	$33.04B	PM
Veeva SystemsVEEV:US	-	2.22	-	905.36M	$28.83B	PM
HPHPQ:US	-	0.66	-	14.34B	$25.00B	PM
OKTAOKTA:US	-	0.96	-	793M	$15.86B	PM
Dycom IndustriesDY:US	5.29	4.71	2B	1.94B	$15.44B	AM
Williams SonomaWSM:US	2.1	2.05	1.96B	1.92B	$12.31B	AM
J.M. SmuckerSJM:US	3.24	2.2	2.2B	2.13B	$11.93B	AM
DonaldsonDCI:US	1.15	1.13	1.1B	1.04B	$10.14B	AM
AimcoAIV:US	-	-	-	-	$6.88B	PM
Urban OutfittersURBN:US	-	1.71	-	1.65B	$6.65B	PM
Bath And Body WorksBBWI:US	0.62	0.24	1.5B	1.5B	$4.21B	AM
Abercrombie & FitchANF:US	4.17	1.97	1.3B	1.25B	$4.10B	AM
HUBHUBG:US	-	0.29	-	941.12M	$2.53B
Kohl'sKSS:US	1.28	0.57	3.32B	3.32B	$2.18B	AM
PhotronicsPLAB:US	0.5	0.4	216.05M	209M	$2.16B	PM

Market News:

U.S. stocks on Wednesday closed flat to slightly lower amid small moves, after key headline inflation measures for July came in marginally hotter than expected. Traders also appeared to be cautious ahead of artificial intelligence poster child Nvidia’s quarterly results after the closing bell.

The mood was also clouded by a report that said Russia was looking to escalate attacks on Ukraine after assessing that peace talks were at a dead end.

The benchmark S&P 500 ended unchanged at 7,677.00 points, the tech-heavy NASDAQ Composite slipped 0.1% to settle at 26,130.20 points, and the blue-chip Dow Jones Industrial Average shed 0.2% to conclude at 53,464.59 points.

U.S. data reinforces odds of Fed holding steady in September

Wednesday’s U.S. economic calendar was highlighted by key data on inflation and economic growth.

As per the Bureau of Economic Analysis (BEA), the core personal consumption expenditures (PCE) price index - widely seen as the Federal Reserve’s preferred inflation gauge - ticked up 0.2% M/M and 3.3% Y/Y in July, matching expectations. The M/M figure accelerated from June, while the Y/Y reading remained the same. The 3.3% annual rise is significantly above the Fed’s long-term target of 2%.

On a headline basis, PCE increased 0.2% M/M and 3.7% Y/Y in July, just above expectations. Similar to core, the M/M number picked up from June, while the Y/Y measure was flat.

All eyes on Nvidia

Turning away from the economic slate and interest rates, most market participants are now looking ahead to Nvidia’s earnings after the closing bell.

The report comes at a crucial time for the AI trade, which has seen a roller coaster year. A stellar rally in the trade over April, May, and June helped the broader market shake off the Middle East conflict and return to record levels. However, concerns about uncertain returns on the billions of dollars being spent by mega-cap companies on AI infrastructure brought the monthly winning streak to a halt, with the Philadelphia Semiconductor Index crashing more than 20% in July.

Investors are harboring stratospheric expectations for Nvidia, hoping that its performance will show soaring enterprise demand for AI hardware which would justify the massive spending by hyperscalers on the technology. The world’s largest company is expected to nearly double quarterly revenue to around $92 billion, but anything short of a blowout number and guidance could be seen as disappointing.

Traders will also likely be keen to see the extent to which Nvidia expects its customers to switch from using its Blackwell chips to its next-generation Vera Rubin processors.

Russia and Ukraine back in geopolitical spotlight

Moving to geopolitics, oil prices on Wednesday briefly reversed course and turned higher after Bloomberg News reported that Russia was preparing to escalate attacks on Ukraine after coming to a conclusion that negotiations for a peace deal were stalled, citing three people close to the Kremlin.

Bloomberg said Russia was considering intensifying conventional ballistic missile attacks on Kyiv, including the center of the Ukrainian capital, and infrastructure targets in other cities, citing the people. The people also said that a number of Russian officials were of the belief that Vladimir Putin could eventually choose to use tactical nuclear weapons as a last resort in Ukraine, as per Bloomberg.

Oil prices latter slipped back into negative territory, with Brent crude futures, the global benchmark, last down 0.8% to $86.57 a barrel

Over in the Middle East, there were some hopes for progress in diplomatic efforts to halt hostilities and unblock the Strait of Hormuz. Russia’s RIA Novosti news agency reported that the U.S. and Iran had agreed to a new ceasefire agreement which would be announced in the coming days. Investing.com could not immediately verify the report, which cited Iranian and Pakistani sources.

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