Data as of: August 22, 2026, 08:00 (UTC+8)
Corresponding US Stock Trading Day: August 21, 2026
1. Overnight US Stocks
On August 21, US stocks rebounded after a sharp decline in the previous trading day. The three major indexes collectively rose after the open, with market risk appetite somewhat restored.
On the previous trading day, rising US Treasury yields, increasing international oil prices, and a significant drop following Walmart’s earnings report jointly suppressed market performance, with the Dow Jones Industrial Average falling over 700 points at one point. Entering the August 21 trading session, the market saw a technical rebound, with large-cap tech, AI, semiconductor, and crypto-related stocks regaining some investor attention.
Meanwhile, pressure in the US Treasury market has not fully dissipated. The 10-year Treasury yield rose intraday back to about 4.72%, and the 30-year Treasury yield was around 5.26%. The high interest rate environment continues to be a key factor affecting technology and high-valuation growth stocks.
The market’s next focus is gradually shifting to NVIDIA’s upcoming quarterly earnings report and Federal Reserve Chair Kevin Warsh’s policy remarks at the Jackson Hole global central bank annual meeting.
Major Index Performance:
Dow Jones Industrial Average: 53,277.01 (+0.98%)
S&P 500: 7,674.37 (+0.43%)
Nasdaq Composite Index: 26,180.45 (+0.43%)
In early trading on August 21, the Dow briefly rose about 0.5%, while the S&P 500 and Nasdaq Composite both increased about 0.4%.
2.Savicoin US Stock Perpetual Market
Symbol | Reference Price | 24h Change |
NVDAUSDT | $214.72 | -0.98% |
TSLAUSDT | $362.86 | +5.14% |
AAPLUSDT | $309.35 | -0.63% |
MSFTUSDT | $483.24 | +0.43% |
AMZNUSDT | $258.63 | -0.57% |
METAUSDT | $549.90 | +0.75% |
SNDKUSDT | $1596.08 | -0.28% |
SPYUSDT | $765.94 | +0.44% |
Note: Reference prices and changes are based on the closing prices during the regular US stock/ETF trading session on August 21. Actual transaction prices of Savicoin US stock perpetual contracts may vary due to trading time, market liquidity, and price fluctuations.
3. Market Observation
The market on August 21 showed a clear rebound recovery after the sharp decline on the previous trading day.
On August 20, US Treasury yields rose rapidly again, with the 10-year yield climbing to 4.697%. Combined with rising international oil prices and a sharp drop after Walmart’s earnings report, the three major US stock indexes were under comprehensive pressure.
After August 21 began, market sentiment improved. US stock futures rose collectively in pre-market trading, and after the official open, the three major indexes maintained their rebound momentum. The Dow rose about 0.5% in early trading, while the S&P 500 and Nasdaq each rose about 0.4%.
However, Treasury yields remain at high levels. The 10-year yield reached about 4.72% intraday, and the 30-year yield was around 5.26%. This means that although the market rebounded, the pressure that high interest rates place on growth stock valuations has not completely disappeared.
Market funds also clearly flowed into crypto-related assets. Bitcoin rose to about $76,000–77,000 on August 21, hitting a nearly three-month high, which also boosted crypto concept stocks such as COIN, MSTR, and CRCL significantly.
As the week’s trading comes to a close, market attention is shifting from retail earnings like Walmart’s to the next phase focusing on NVIDIA’s earnings report, Federal Reserve policy signals, and Treasury yield trends.
4. Key Stock|NVDAUSDT
NVDA continues to be one of the most important market barometers in the AI and semiconductor sectors.
On August 20, NVDA slightly declined amid pressure on the overall tech sector. On August 21, the market began to trade ahead of NVIDIA’s next earnings expectations, with sentiment in AI and semiconductor sectors somewhat recovering.
Currently, NVIDIA holds a very high weighting in the S&P 500. Its earnings performance could not only affect NVDA’s own stock price but also significantly impact the Nasdaq, S&P 500, and the entire AI trading theme.
The market expects NVIDIA’s upcoming earnings report to be one of the most important volatility catalysts for the tech sector in the near term. The options market has already started pricing in the possibility of significant stock price swings following the earnings release.
Short-term key focus:
- Whether NVDA can reestablish support in recent key price areas
- Whether Treasury yields continue to rise
- Whether funds flow back into AI and semiconductor sectors
- NVIDIA’s earnings report and next quarter guidance
- Expectations for AI infrastructure and data center capital expenditures
5. August 21 Headlines
US Stocks Rebound After Sharp Decline
On August 21, the three major US indexes rose collectively after the open, with the Dow rising about 0.5%, the S&P 500 up about 0.4%, and the Nasdaq Composite up about 0.4%.
The market saw a capital inflow after a significant decline on the previous trading day, but high Treasury yields still limit the overall valuation expansion space.
Treasury Yields Remain Elevated
The US Treasury Department previously announced an expansion of long-term bond repurchase operations, raising the size of each long-term bond repo from about $2 billion to at least $4 billion.
This policy initially pushed long-term Treasury yields down, but pressure in the bond market reemerged afterward.
Intraday on August 21:
- 10-year Treasury yield about 4.72%
- 30-year Treasury yield about 5.26%
Long-term yields remain high, continuing to be a major risk factor for US stocks, especially technology and high-valuation growth sectors.
Bitcoin Strong Rally
Bitcoin continued its strong rise on August 21, reaching about $76,000–77,000, a nearly three-month high, with a weekly gain approaching 20% at one point.
The strength in the crypto market also boosted crypto concept stocks such as Coinbase (COIN), MicroStrategy (MSTR), and Circle (CRCL), making them some of the more active performers in the US stock market that day.
Ross Stores Reports Strong Earnings
Ross Stores (ROST) saw its stock rise significantly in pre-market trading after releasing its quarterly results.
The company reported quarterly sales of approximately $6.26 billion, up about 13% year-over-year, raised its full-year profit forecast, and increased its 2026 new store opening plan to about 115 stores.
The earnings report somewhat improved market sentiment toward the US retail consumption sector.
NVIDIA Earnings Enter Market Focus
As the next round of major tech earnings approaches, market attention is turning to NVIDIA.
With NVIDIA’s significant weight in the S&P 500, its performance, AI chip demand, and data center business guidance could directly influence risk appetite in AI, semiconductor, and the broader large tech sectors.
The market expects volatility in related assets to increase significantly around NVIDIA’s earnings announcement.
6. Today’s Focus
Today, the market’s key focus is on four main themes:
Treasury Yields|NVIDIA Earnings Expectations|AI and Large Tech Sectors|Bitcoin and Crypto Concept Stocks
US stocks rebounded on August 21 after a sharp decline the previous day, but it is still uncertain whether the market has fully shaken off adjustment pressures.
On one hand, overall earnings expectations and the AI investment theme continue to support the market; on the other hand, 10-year and 30-year Treasury yields remain elevated, maintaining pressure on growth stock valuations.
Tech sector key stocks to watch:
NVDA|META|MSFT|SNDK|AMZN|TSLA
If Treasury yields break through recent highs further, high-valuation tech and AI sectors may face renewed pressure.
If the bond market stabilizes, attention should turn to whether funds flow further back into large-cap tech, AI, and semiconductor sectors.
Additionally, Bitcoin’s strong rally has made crypto concept stocks a market hotspot again. In the short term, continue monitoring how changes in crypto asset prices affect risk appetite for related US stock assets.
7. Today’s Timeframe Reminder
US Stock Trading Hours|21:30–04:00 (Beijing Time)
Market liquidity and trading activity are usually high.
Pre-market and After-hours|16:00–21:30 / 04:00–08:00
Liquidity is relatively lower; be cautious of rapid price fluctuations around earnings releases.
US Stock Market Closed Periods
Perpetual contracts may still be traded; pay attention to liquidity changes and potential gap risks for the next trading day.
Since August 22 is a Saturday, the US stock regular market is closed, but Savicoin US stock perpetual contracts may continue trading. Actual trading hours and market conditions are subject to the platform’s display.
8. Risk Warning
US stock perpetual contracts are leveraged trading products and prices may experience significant volatility.
Especially around NVIDIA and other major tech company earnings, key US economic data releases, Federal Reserve policy signals, and major geopolitical events, market volatility may increase significantly. Please manage your position size and leverage prudently, and pay close attention to market liquidity changes.
9. Disclaimer
This article is for market information reference only and does not constitute any investment or trading advice.
Market data comes from public markets and the Savicoin platform; different data sources may have price and timing discrepancies. Savicoin US stock perpetual contracts are continuous trading products, and their actual transaction prices, mark prices, and settlement prices may differ somewhat from the corresponding US stock spot market prices.
Users should independently assess their own situation and bear related trading risks.
Savicoin Team
August 22, 2026
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