{
  "id": 3602467,
  "title": "US stocks: Wall Street stocks end tad lower after hot inflation data ahead of Nvidia earnings",
  "url": "https://urgent.news/2026/08/26/us-stocks-wall-street-stocks-end-tad-lower-after-hot-inflation-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T21:46:40.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/us-stocks-wall-street-stocks-end-tad-lower-after-hot-inflation-data-ahead-nvidia-earnings"
  },
  "original_language": "en",
  "account": "On Wednesday (Aug 26), Wall Street’s main indexes closed slightly lower as a hotter US inflation reading came in above expectations. Annual US inflation increased 3.7 per cent in the 12 months through July, surpassing forecasts. Although the economy grew by 1.5 per cent in the second quarter, the latest data added complexity to the Federal Reserve’s policy outlook. Investors are closely monitoring Fed Chair Kevin Warsh’s Jackson Hole speech on Friday. While the current data did not shift the balance for the Fed’s September meeting, subsequent data pointing in the same direction could pressure the central bank to act, according to Morgan Stanley Wealth Management’s chief economic strategist, Ellen Zentner. The central bank’s next scheduled meeting is in September, which historically is a weak month for equities, with a 38.1 per cent chance of an interest rate hike at that meeting, according to the CME FedWatch tool. Despite the mixed economic outlook, the underlying economic environment appears robust. Nvidia shares fell 1.6 per cent ahead of its earnings report, which could reignite concerns about the AI boom’s sustainability. On the S&P 500, healthcare stocks were the weakest performers, with a 1 per cent decline. Among megacaps, Meta rose almost 1.1 per cent after agreeing to pay up to US$18 billion and make changes to Facebook and Instagram to address claims of harm to children. Apple gained 1.1 per cent, while Intuit fell 3.2 per cent after forecasting annual revenue below Wall Street expectations.",
  "summary": "Annual US inflation increased 3.7% in the 12 months through July",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "The Sydney Morning Herald",
        "title": "ASX set for flat start as Wall Street dips; Nvidia, Qantas results ahead",
        "url": "https://urgent.news/2026/08/26/asx-set-for-flat-start-as-wall-street-dips-nvidia-qantas-results-ahead",
        "published": "2026-08-26T19:26:39.000Z"
      },
      {
        "outlet": "The Age",
        "title": "ASX set for flat start as Wall Street dips; Nvidia, Qantas results ahead",
        "url": "https://urgent.news/2026/08/26/asx-set-for-flat-start-as-wall-street-dips-nvidia-qantas-results-ahead-3580710",
        "published": "2026-08-26T19:26:39.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Wall Street ends tad lower after hot inflation data, ahead of Nvidia earnings",
        "url": "https://urgent.news/2026/08/26/wall-street-ends-tad-lower-after-hot-inflation-data-ahead-of-nvidia",
        "published": "2026-08-26T21:24:47.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}