Nvidia's 4% Slide Tests a Rally Fresh Off New Highs
Executive SummaryNVIDIA Corporation (NASDAQ:NVDA) fell 4.57% on Friday, August 28, 2026, closing at $217.55, just one trading day after a nearly 9% post-earnings surge pushed shares to fresh highsThe decline was driven by macro pressure, not company news: Fed Chair Kevin Warsh's hawkish Jackson Hole speech cooled rate-cut expectations and triggered a broad selloff in rate-sensitive megacap tech and semiconductor stocksNvidia's fiscal second-quarter results, reported August 26, significantly beat