
Markets
S&P 500 closes at record as earnings beat forecasts
Strong results from consumer and technology companies pushed the benchmark to its second record close of the week.
28 Aug 2026, 21:30· Updated 2 days ago
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Strong results from consumer and technology companies pushed the benchmark to its second record close of the week.

Major US indices declined on August 28 after Federal Reserve Chair Warsh's comments raised expectations of a possible interest rate hike.

The annual symposium marks the first major public appearance for new Federal Reserve Chair Kevin Warsh, drawing close attention from global markets.

Coordinated dollar-selling and yen-buying moves, backed by the Fed's FIMA facility, have put currency markets under close official watch in August 2026.