Markets News, Aug. 21, 2026: US Indexes Close Higher But Post Weekly Losses; Treasury Yields Edge Upward
β’ Major U.S. stock indexes closed higher on Friday, August 21, 2026, though the S&P 500 and Nasdaq snapped three-week winning streaks and the Dow posted its second straight weekly loss. β’ Treasury yields edged upward as market volatility continued, while BJ's Wholesale Club reported growth driven primarily by higher-income members, reflecting a persisting "K-shaped economy." β’ BJ's shares have risen approximately 6% since the start of the year, highlighting a trend where spending growth is concentrated among wealthier consumer cohorts.
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