{"id":21954,"date":"2026-08-28T10:28:38","date_gmt":"2026-08-28T02:28:38","guid":{"rendered":"https:\/\/linkpgm.com\/market-recap-for-august-28\/"},"modified":"2026-08-28T10:29:06","modified_gmt":"2026-08-28T02:29:06","slug":"market-recap-for-august-28","status":"publish","type":"post","link":"https:\/\/www.pg-markets.com\/en\/market-recap-for-august-28\/","title":{"rendered":"Market Recap for August 28"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">On Thursday, as the market awaited Federal Reserve Chair Wash\u2019s remarks at the Jackson Hole Symposium, the U.S. Dollar Index fluctuated above the 99 mark and ultimately closed down 0.03% at 99.12;The benchmark 10-year U.S. Treasury yield closed up 3.2 basis points at 4.681%, while the 2-year U.S. Treasury yield, which is sensitive to the Fed\u2019s policy rate, closed up 2.4 basis points at 4.244%. <br\/>Spot gold began a decline during the Asian session, briefly falling to an intraday low of $4,565.19, before recouping all losses and returning above the $4,600 mark, ultimately closing up 0.16% at $4,601.63 per ounce;Spot silver ultimately closed up 1.68% at $69.26 per ounce. <br\/>Crude oil rose nearly 2% during the session after U.S. media reported that Trump had \u201cno interest\u201d in reviving the U.S.-Iran agreement from June.WTI crude briefly fell to around $80 during the European session but subsequently rebounded in a choppy trade and accelerated its gains during the U.S. session, ultimately closing up 1.87% at $82.95 per barrel; Brent crude ultimately closed up 2.19% at $88.26 per barrel. <br\/>The three major U.S. stock indices closed higher: the Dow Jones Industrial Average rose 0.2%, the S&amp;P 500 gained 0.72%, and the Nasdaq Composite advanced 1.57%. SK Hynix (SKHY.O) rose 2%, Tesla (TSLA.O) gained 2.6%,NVIDIA (NVDA.O) rose 8.7%, and Broadcom (AVGO.O) rose 4%. The Nasdaq Golden Dragon China Index fell 0.74%; Baidu (BIDU.O) rose 4%, while Alibaba (BABA.N) fell 3%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, as the market awaited Federal Reserve Chair Wash\u2019s remarks at the Jackson Hole Symposium, the U.S. Dollar Index fluctuated above the 99 mark and ultimately closed down 0.03% at 99.12;The benchmark 10-year U.S. Treasury yield closed up 3.2 basis points at 4.681%, while the 2-year U.S. Treasury yield, which is sensitive to the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":21949,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"class_list":["post-21954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-news"],"_links":{"self":[{"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/posts\/21954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/comments?post=21954"}],"version-history":[{"count":1,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/posts\/21954\/revisions"}],"predecessor-version":[{"id":21955,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/posts\/21954\/revisions\/21955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/media\/21949"}],"wp:attachment":[{"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/media?parent=21954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/categories?post=21954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pg-markets.com\/en\/wp-json\/wp\/v2\/tags?post=21954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}