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Dow rises 0.68% as Warsh Jackson Hole nears

8/22/2026

24 6 Full Breakdown

Summary

Dow Rebounds

The Dow Jones Industrial Average rose 0.68% on Friday, August 21, after Thursday’s sell-off.
Dow futures climbed as investors awaited Fed Chair Kevin Warsh’s Jackson Hole remarks.
The 30-year Treasury yield reached about 5.34%, the highest level since 2007.
Financial stocks led gains, with JPMorgan up 1.2% and Goldman Sachs up 2.3%.
Investors will watch August PCE inflation, Warsh’s speech, and Nvidia earnings on Aug 26.

Summary

Bessent Imposes Sanctions

Treasury Secretary Scott Bessent announced Washington will impose the toughest sanctions in history on Iran.
President Donald Trump warned of economic warfare and isolation on an unprecedented scale targeting Iran.
Bessent urged Beijing to cooperate with the United States on the sanctions strategy.
Brown University Climate Solutions Lab reported Americans spent $88 billion on gasoline and diesel in 2026 because of the Iran shock.

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Dow Rebounds

The Dow Jones Industrial Average rose 0.68% on Friday, August 21, after Thursday’s sell-off.
Dow futures climbed as investors awaited Fed Chair Kevin Warsh’s Jackson Hole remarks.
The 30-year Treasury yield reached about 5.34%, the highest level since 2007.
Financial stocks led gains, with JPMorgan up 1.2% and Goldman Sachs up 2.3%.
Investors will watch August PCE inflation, Warsh’s speech, and Nvidia earnings on Aug 26.

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