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Nasdaq 26,541 ยท Fed Chair Warsh to deliver Jackson Hole speech on policy ‌ ‌ ‌ ‌ ‌
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Stock Mornings
Your weekday pre-market read on US stocks.
Issue #49 ยท Friday, August 28, 2026
Volatility (VIX)  Calm ยท 14.5  โ–ผ from 14.5 yesterday
Worth noting  Nvidia (NVDA) moved +8.74% on the day.
Stocks rose modestly with calm volatility as Fed Chair Warsh prepares major Jackson Hole speech on policy framework today.
 
 

โ—  The Numbers

S&P 5007,730.99  +0.72%
+1.18% this week
Nasdaq Composite26,541.35  +1.57%
+1.82% this week
Dow Jones53,569.44  +0.20%
+1.54% this week
Russell 20003,014.34  +0.28%
+0.73% this week

Before the bell: see how Asia, Europe & US futures traded overnight →

โ—  The Movers

Leaders

NVDA Nvidia+8.74%
TSLA Tesla+2.60%
MSFT Microsoft+1.75%

Laggards

AMZN Amazon-1.54%
META Meta-0.87%
GOOGL Alphabet-0.39%

The day's best and worst of the tracked indices and mega-caps ยท day-over-day change.

โ—  The Read

S&P 500 โ€” description, not prediction

Trading above both its 50-day (7,557.96) and 200-day (7,114.32) averages โ€” the longer-term trend reads as up. 30-day range 7,316.15โ€“7,798.99; currently in the upper third of that range. RSI(14) 47 โ€” momentum roughly neutral.

See where every market sits on the daily page โ†’

โ—  The Brief

 Fed Chair Warsh to deliver Jackson Hole speech on policy

Fed Chair Kevin Warsh speaks Friday at Jackson Hole, where Fed leaders traditionally outline broad policy frameworks. Market watchers will listen for clues on interest rates and economic direction. (CNBC)

 Salesforce stock surges on AI momentum, analyst confidence renewed

Salesforce posted its second-best trading day on record after earnings, as Wall Street renewed confidence in CEO Benioff's artificial intelligence strategy and execution. (CNBC)

 PayPal stock falls as takeover suitors reportedly withdraw bids

PayPal shares dropped after reports that potential buyers have walked away from takeover discussions, leaving the company to execute a standalone turnaround strategy. (MarketWatch)

 Treasury and Fed officials coordinate on long-term bond yields

Treasury Secretary Bessent and Fed Chair Warsh appear to be working in coordination to reduce long-term bond yields, which could benefit large banks like Bank of America. (MarketWatch)

Partner

The charts we read every morning

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Markets 101

What is the bid-ask spread?

The gap between the highest price buyers offer (bid) and the lowest sellers accept (ask). Heavily traded stocks have tiny spreads; thin ones have wide, costlier spreads.

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Stock Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Stocks carry risk โ€” you can lose money, and past performance does not predict future results. Some links may be affiliate links; we may earn a commission at no cost to you. Prices via Yahoo Finance, captured shortly before the opening bell.

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