Market Nervous as Fed and Nvidia Watch | Spokane News

Spokane News Today | 2 Min | The Daily News Now! · Aug 24, 2026 · 1m

The market opened shaky as tech stocks tumbled amid looming U.S. sanctions on Iran — dubbed an “economic D-Day” — sending investors into nervous mode ahead of a packed week. Nvidia and Micron led the tech sell-off, while financials like JPMorgan and Visa held firm, cushioning the Dow’s fall. Bond yields surged past 5%, sparking speculation about Treasury buybacks via its General Account. Key events loom: Fed Chair Kevin Warsh’s Jackson Hole speech Friday could offer crucial rate clarity, Nvidia’s earnings report may shake the sector, and Wednesday’s Personal Consumption Expenditures data —…