![Week In Perspective | Stocks Slip; Attention Shifts to Bonds [24-August-26] Thumbnail](https://static.twentyoverten.com/content/featured/feature-stocks-slip-attention-shifts-to-bonds.png)
Week In Perspective | Stocks Slip; Attention Shifts to Bonds [24-August-26]
Updated: 08-24-2026
The Week on Wall Street
Stocks declined last week as global investors fretted about oil-supply-induced inflation.
The Standard & Poor’s 500 Index declined 1.43 percent, while the Nasdaq Composite Index slid 2.05 percent. The Dow Jones Industrial Average slipped 0.85 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, lost 0.40 percent.1,2
Bond Yields Up, Stocks Under Pressure
Bond yields spiked at the start of the week, putting a squeeze on stock prices. The yield on the 30-year Treasury bond hit a 19-year high.
Markets continued their slide on Tuesday as investors fretted over inflation. Yields on bonds around the world rose to multi-decade highs.3,4
Stocks steadied, and bond yields fell midweek as investors responded to the Treasury Department’s announcement that it would buy back long-term debt to help stabilize interest rates. However, the Wednesday morning rally petered out as the session progressed into the afternoon.5,6
Stocks rebounded to finish a tough week on a positive note despite rising oil prices.7
A Bee in the Bonnet
Last week, yields on bonds issued by sovereign governments around the world rose to multi-year highs, including in Japan and throughout Europe.
Investors in these bonds decided they needed higher yields to compensate for ongoing global issues. As a result, the cost to borrow money went up. And because bond prices and yields move in opposite directions, the value of these bonds fell.
The Treasury Department stepped in on Wednesday to say that it would double the size of its current repurchases of longer-term (10- to 30-year) Treasury debt. It’s uncertain how the move could influence markets.8
THIS WEEK: KEY ECONOMIC DATA
Tuesday: S&P Cotality Case-Shiller Home Price Index. New Home Sales. Consumer Confidence (Conference Board).
Wednesday: Durable Goods. Gross Domestic Product (GDP), 2nd estimate. Personal Consumption Expenditures (PCE) Index.
Thursday: Weekly Jobless Claims. Trade Balance in Goods. Wholesale Inventories. Retail Inventories.
Friday: Consumer Sentiment (U. Michigan).
Source: Investor’s Business Daily - Econoday economic calendar: August 21, 2026.
The Econoday economic calendar lists upcoming U.S. economic data releases (including key economic indicators), Federal Reserve policy meetings, and speaking engagements of Federal Reserve officials. The content is developed from sources believed to provide accurate information. The forecasts or forward-looking statements are based on assumptions and may not materialize. The forecasts are also subject to revision.
This Week: Companies Reporting Earnings
Tuesday: Intuit Inc. (INTU)
Wednesday: Nvidia Corporation (NVDA), CrowdStrike (CRWD), Salesforce, Inc. (CRM), Synopsys, Inc. (SNPS)
Thursday: Marvell Technology, Inc. (MRVL), Autodesk, Inc. (ADSK)
Source: Zacks, August 21, 2026. Companies mentioned are for informational purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Investing involves risks, and investment decisions should be based on your goals, time horizon, and risk tolerance. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. Companies may reschedule their earnings reports without notice.
TCM Wealth Advisors | Akron/Canton & Cleveland Fee-Only Fiduciary Financial Advisor
Since 2004, TCM Wealth Advisors has delivered comprehensive, fee-only fiduciary financial guidance to individuals, families, and business owners across Northeast Ohio—including the greater Akron/Canton and Cleveland areas—as well as serving clients nationwide. Our independent, client-first approach ensures that every recommendation is made in your best interest.
As a fully independent advisory firm held to the highest fiduciary standard, we are legally and ethically bound to act solely in your best interest. Our fee-only compensation model eliminates the conflicts of interest inherent in commission-based structures, allowing us to deliver objective, personalized advice tailored to your specific goals and financial circumstances.
Whether you're building wealth, preparing for retirement, planning business succession, or navigating complex financial decisions, TCM Wealth Advisors leverages four decades of financial and investment planning experience to deliver strategic, goal-based solutions to help you achieve long-term financial success.
To begin your journey toward a confident, stress-free financial future with a fee-only fiduciary financial advisor, call 330-836-7000 to schedule an introductory conversation. You may also book a meeting with our team here.
Ready to take the next step?
Let's start with a conversation. We'll assess your current portfolio, discuss your goals and timeline, and evaluate your tolerance for risk and volatility — all at no cost to you. Call us at 330-836-7000 to schedule your complimentary portfolio review and risk assessment.
- https://www.wsj.com/market-data
- https://www.investing.com/indices/msci-eafe
- https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-08-17-2026?mod=hp_lead_pos3
- https://www.cnbc.com/2026/08/17/stock-market-today-live-updates.html
- https://www.cnbc.com/2026/08/18/stock-market-today-live-updates.html
- https://www.cnbc.com/2026/08/19/stock-market-today-live-updates.html
- https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-08-21-2026?mod=hp_lead_pos3
- https://www.cnbc.com/2026/08/19/treasury-announces-upscaled-buyback-operation-for-longer-term-debt-sending-yields-lower.html