Stocks Fall as PCE Inflation Data and Nvidia Earnings Hit on the Same Day

Major U.S. stock indexes fell on August 26, 2026. The Dow declined after PCE — the Fed's preferred inflation gauge — was released the same day Nvidia was scheduled to report quarterly earnings after the close. Markets had no overnight gap between the two signals. CPI had been running at 3.4% year-over-year through July, down from 3.5% in June.