All four major U.S. indexes closed lower than the previous session on August 28, 2026. The Russell 2000 posted the largest decline, down 1.39%, while the Nasdaq Composite fell 0.52%. Some large technology stocks, including Amazon, Microsoft, and Alphabet, closed higher, producing divergent closing directions.
August 28 Close Marked by Notable Small-Cap Losses
All figures below are based on U.S. regular-session closing data for August 28, 2026. Index levels and changes from the previous day are in points, and percentage changes are in %.
| Major Index | August 28, 2026 Close (points) | Change From Previous Day (points, %) |
|---|---|---|
| S&P 500 | 7,711.76 | -19.23(-0.25%) |
| Nasdaq Composite | 26,402.42 | -138.93(-0.52%) |
| Dow Jones | 53,559.99 | -9.45(-0.02%) |
| Russell 2000 | 2,972.37 | -41.97(-1.39%) |
The S&P 500 closed the regular session on August 28, 2026 at 7,711.76 points, down 19.23 points, or 0.25%. Its intraday high was 7,771.48 points, its low was 7,700.91 points, and volume was 2,587,404,000 shares. See the S&P 500 closing data.
The Nasdaq Composite ended the same trading day at 26,402.42 points, down 138.93 points, or 0.52%. The Dow Jones stood at 53,559.99 points, down 9.45 points, or 0.02%, while the Russell 2000 was at 2,972.37 points, down 41.97 points, or 1.39%. Among the four indexes, the Russell 2000 recorded the largest percentage decline, while the Dow Jones posted the smallest loss. See the Nasdaq Composite, Dow Jones, and Russell 2000 closing data.
Nvidia’s Sharp Drop Contrasts With Amazon’s Surge
Nvidia closed the regular session on August 28, 2026 at $217.55, down $10.43, or 4.57%. Its intraday high was $229.26, its low was $216.81, and volume was 193,174,741 shares. This was the largest percentage closing decline among the tracked stocks and substantially exceeded the Nasdaq Composite’s 0.52% decline on the same day. However, Nvidia’s closing decline and the Nasdaq Composite’s decline were changes that occurred on the same trading day; closing data alone cannot establish that one caused the other. Historical analysis is available through the Nvidia closing data and Nvidia stock hub.
By contrast, Amazon closed the same trading day at $266.43, up $10.17, or 3.97%. Its intraday high was $267.56, its low was $257.78, and volume was 47,918,065 shares. Amazon’s rise on a day when the S&P 500 and Nasdaq Composite declined shows that individual stocks and indexes moved in different closing directions, but does not by itself explain the backdrop for the market decline. See the Amazon closing data and Amazon stock hub.
Large Technology Stocks Rise as Semiconductor Stocks Remain Near Flat
Microsoft closed the regular session on August 28, 2026 at $513.53, up $8.47, or 1.68%. Alphabet rose $5.94, or 1.74%, to $346.59, while Meta gained $6.92, or 1.21%, to $578.02. These three stocks closed in the opposite direction of the Nasdaq Composite, which fell 0.52%. See the Microsoft closing data and stock hub, Alphabet closing data and stock hub, and Meta closing data and stock hub.
Tesla closed the same trading day at $348.75, down $6.06, or 1.71%. Micron was at $932.86, down $2.53, or 0.27%, while SanDisk rose $0.03 to $1,484.98, ending essentially flat at 0.00%. Individual moves can be reviewed through the Tesla closing data and stock hub, Micron closing data and stock hub, and SanDisk closing data and stock hub.
Separate Rate and Dollar Gains From Article Interpretations
The U.S. 10-year yield closed on August 28, 2026 at 4.720%, up 0.048 percentage point, while the dollar index rose 0.499 points, or 0.50%, to 99.659 points. By contrast, the VIX fell 0.11 points, or 0.76%, to 14.40 points, and WTI crude oil declined $0.08 per barrel, or 0.10%, to $83.45. See the U.S. 10-year yield data, dollar index data, VIX closing data, and WTI crude oil closing data.
Dollar–won closed the same trading day at 1,378.41 won per dollar, down 5.08 won, or 0.37%. Interest rates, the dollar, the VIX, and stock indexes all reflected simultaneous changes based on August 28, 2026 closing data, so the direction of the figures alone cannot establish a causal relationship. See the dollar–won closing data.
The original articles offered separate interpretations of the market backdrop. The Reuters article cited large-cap strength and awaited remarks from Federal Reserve Chair Kevin Warsh, while the Schwab article mentioned expectations for remarks on interest rates and inflation. The Investopedia article described the major-index declines and the rise in the 10-year yield as part of post-Federal Reserve trading. These are interpretations from the respective reports; this briefing’s regular-session closing data alone do not establish those explanations as causes.
Three Items to Check in the Next Regular Session
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The relative closing moves of the Russell 2000, down 1.39% on August 28, 2026; the Nasdaq Composite, down 0.52%; the S&P 500, down 0.25%; and the Dow Jones, down 0.02%.
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Whether the closing directions diverge again among Nvidia, down 4.57% on August 28, 2026; Tesla, down 1.71%; Amazon, up 3.97%; Alphabet, up 1.74%; and Microsoft, up 1.68%.
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The next regular-session closes of the U.S. 10-year yield, which rose 0.048 percentage point to 4.720% on August 28, 2026; the dollar index, which rose 0.50% to 99.659 points; and the VIX, which fell 0.76% to 14.40 points. These are observation items and do not recommend a direction for the next trading day or buying or selling.