Wall Street slips as inflation stays hot

newsit.gr (Greek)

Wall Street's major indexes posted marginal losses on Wednesday, August 26, 2026, reversing the previous session's gains, as US inflation showed no signs of cooling. Data from the US Commerce Department showed annual inflation rose to 3.7% in July, up 0.2% month-over-month, intensifying uncertainty over the Federal Reserve's monetary policy path ahead of Chair Kevin Walsh's Friday speech at Jackson Hole. The Dow Jones fell 0.21% to 53,463 points, the S&P 500 slipped 0.02% to 7,675, and the Nasdaq dropped 0.08% to 26,130. Investors also awaited Nvidia's earnings, with analysts predicting revenue near $92 billion.


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Wall Street slips as inflation stays hot | News Minimalist