Stocks Drop as PCE Inflation and Nvidia Earnings Land Same Day

Major U.S. indexes fell August 26, 2026. The Fed's preferred inflation gauge, PCE, hit the same day Nvidia reported earnings after the close — no overnight gap between the two signals. CPI ran 3.4% year-over-year through July, down from 3.5% in June. Two market-moving events landing together left investors no time to digest one before the next arrived.