S&P 500 Retreats As Bond Market Bear Scares Investors

Ironman at Political Calculations 3.48K Followers Follow Summary The S&P 500 dropped almost 1.4% from its previous week's close to wrap up the trading week ending on Friday, 21 August 2026, at 7,678.76. The CME Group's FedWatch Tool projections of the expected future for how the Fed will set the Federal Funds Rate changed little in the past week. The Atlanta Fed's GDPNow tool anticipates +4.0% real GDP growth for the U.S. economy in 2026-Q3, dipping from the +4.3% annualized growth it projected a week earlier. AlexSecret/iStock via Getty Images The S&P 500 ( SPX ) dropped almost 1.4% from its previous week's close to wrap up the trading week ending on Friday, 21 August 2026, at 7,678.76 . Rising bond yields was perhaps the biggest driver of This article was written by Ironman at Political Calculations 3.48K Followers Follow Ironman is the alias of the blogger at Political Calculations, a site that develops, applies and presents both established and cutting edge theory to the topics of investing, business and economics. We should acknowledge that Ironman is either formerly or currently, and quite possibly, simultaneously employed as some kind of engineer, researcher, analyst, rocket scientist, editor and perhaps as a teacher of some kind or another. The scary thing is that's not even close to being a full list of Ironman's professions and we should potentially acknowledge that Ironman may or may not be one person. We'll leave it to our readers to sort out which Ironman might behind any of the posts that do appear here or comments that appear elsewhere on the web!