TEBBIT US Stock Perpetual Daily Report｜August 22, 2026 (Saturday UTC+8)
Data as of:August22, 2026 08:00 (UTC+8)
Corresponding US Stock Trading Day:August21, 2026
1. Overnight US Stocks
On August 21, after a significant decline in the previous trading day, US stocks rebounded. The three major indices collectively rose after the open, with market risk appetite somewhat restored.
In the previous trading day, rising US Treasury yields, increasing international oil prices, and a sharp drop following Walmart’s earnings report jointly suppressed market performance, with the Dow Jones Industrial Average plunging more than 700 points at one point. During the trading session on August 21, a technical rebound occurred, with large-cap tech, AI, semiconductor, and crypto-related stocks regaining some investor attention.
Meanwhile, pressure in the US Treasury market has not fully eased. The 10-year Treasury yield rose again intraday to about 4.72%, and the 30-year Treasury yield stood around 5.26%. The high interest rate environment continues to be a significant factor affecting technology and high-valuation growth stocks.
The market’s next phase of focus is gradually shifting to NVIDIA’s upcoming quarterly earnings report and Federal Reserve Chairman Kevin Warsh’s policy remarks at the Jackson Hole Global Central Bank Annual Meeting.
Dow Jones Industrial Average: 53,277.01 (+181.46 points, +0.98%)
S&P 500: 7,674.37 (+31.32 points, +0.43%)
Nasdaq Composite Index: 26,180.45 (+130.34 points, +0.43%)
In the early session on August 21, the Dow rose about 0.5%, while the S&P 500 and Nasdaq Composite each rose about 0.4%.
2. Perpetual Contract 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 percentage changes are based on the corresponding US stock/ETF closing prices during regular trading hours on August 21. TEBBIT Actual transaction prices of US stock perpetual contracts on TEBBIT may differ due to trading hours, market liquidity, and price volatility.
3. Market Observation
On August 21, the market showed a clear rebound characteristic following the sharp decline of the previous trading day.
On August 20, US Treasury yields rose rapidly again, with the 10-year yield reaching 4.697%. Coupled with rising international oil prices and a sharp drop after Walmart’s earnings report, all three major US stock indices came under pressure.
After August 21 began, market sentiment improved. US stock futures collectively rose in pre-market trading, and after the official open, the three major indices maintained a rebound trend. The Dow rose about 0.5% in the early session, while the S&P 500 and Nasdaq each rose about 0.4%.
However, US Treasury yields remain at high levels. The 10-year Treasury yield reached about 4.72% intraday, and the 30-year yield was around 5.26%. This means that although the market has rebounded, the pressure 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 near three-month high, which boosted crypto-related stocks such as COIN, MSTR, and CRCL significantly.
As the week’s trading nears its end, market attention is shifting from Walmart and other retail earnings reports toward the next phase: NVIDIA’s earnings, Federal Reserve policy signals, and US Treasury yield trends.
4. Key Symbol｜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. After August 21 began, the market started to trade ahead of NVIDIA’s next earnings expectations, and sentiment in the AI and semiconductor sectors improved.
Currently, NVIDIA holds a very high weighting in the S&P 500. Its earnings performance may not only affect NVDA’s own price movement but also significantly influence the Nasdaq, S&P 500, and the entire AI trading theme.
The market expects NVIDIA’s next earnings report to be one of the most important volatility catalysts in the tech sector recently. The options market has begun to price in the possibility of significant stock price fluctuations following the earnings announcement.
Short-term key focuses:
• Whether NVDA can regain and hold recent key price levels
• Whether US Treasury yields continue to rise
• Whether funds return to the AI and semiconductor sectors
• NVIDIA’s earnings report and next quarter’s guidance
• Expectations for AI infrastructure and data center capital expenditures
5. Major News on August 21
US stocks rebound after a sharp drop
On August 21, the three major US stock indices rose collectively after the open, with the Dow gaining about 0.5%, the S&P 500 about 0.4%, and the Nasdaq Composite about 0.4%.
After a significant decline in the previous trading day, the market saw capital replenishment, but high US Treasury yields still limit the overall valuation expansion space.
US Treasury yields remain high
The US Treasury Department previously announced an expansion of the scale of long-term bond repurchases, increasing each operation from about $2 billion to at least $4 billion.
This policy briefly pushed down long-term Treasury yields, but pressure in the bond market reemerged subsequently.
Intraday on August 21:
• 10-year Treasury yield around 4.72%
• 30-year Treasury yield around 5.26%
Long-term yields remain elevated, continuing to be a significant risk factor for US stocks, especially in the tech and high-valuation growth sectors.
Bitcoin surges strongly
On August 21, Bitcoin continued its strong rise, reaching about $76,000–77,000, a near three-month high, with a weekly gain approaching 20% at one point.
The strengthening crypto market simultaneously boosted crypto-related stocks such as Coinbase (COIN), MicroStrategy (MSTR), and Circle (CRCL), making them among the more active sectors in the US stock market that day.
Ross Stores reports strong earnings
Ross Stores (ROST) saw a notable pre-market stock price rise following its quarterly earnings release.
The company reported quarterly sales of about $6.26 billion, up about 13% year-over-year, raised its full-year profit forecast, and increased its 2026 new store opening plan to approximately 115 locations.
The earnings performance 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 gradually turning to NVIDIA.
NVIDIA currently holds a significant weighting in the S&P 500. Its performance, AI chip demand, and data center business guidance may directly influence risk appetite in AI, semiconductor, and the broader large-cap tech sectors.
The market expects that volatility in related assets may significantly increase around NVIDIA’s earnings announcement.
6. Today’s Focus
Today, the market focuses on four main themes:
US Treasury yields｜NVIDIA earnings expectations｜AI and large-cap tech sectors｜Bitcoin and crypto-related stocks
On August 21, US stocks rebounded after a sharp drop in the previous trading day, but it is not yet confirmed that the market has fully shaken off adjustment pressure.
On one hand, overall US earnings expectations and the AI investment theme continue to support the market; on the other hand, the 10-year and 30-year Treasury yields remain elevated, and pressure from high interest rates on growth stock valuations persists.
Key tech sector focus:
NVDA｜META｜MSFT｜SNDK｜AMZN｜TSLA
If Treasury yields further break recent highs, high-valuation tech and AI sectors may face renewed pressure.
If the bond market stabilizes gradually, attention should be paid to whether funds further flow back into large-cap tech, AI, and semiconductor sectors.
Additionally, Bitcoin’s strong rise has made crypto-related stocks a market hotspot again. Short-term monitoring of crypto asset price changes and their impact on risk appetite for related US stock symbols is advised.
7. Today’s Trading Hours Reminder
US Stock Trading Hours｜21:30–04:00 (Beijing Time)
Market liquidity and trading activity are usually higher during this period.
Pre-market and after-hours｜16:00–21:30 / 04:00–08:00
Liquidity is relatively lower; price volatility may be rapid around earnings announcements.
US Stock Market Closed Periods
Perpetual contracts may continue trading; attention should be paid to liquidity changes and potential price gaps at the next trading day open.
Since August 22 is a Saturday, the regular US stock market is closed, but Savicoin US stock perpetual contracts may still trade. Actual trading hours and market conditions are subject to platform display.
8. Risk Warning
US stock perpetual contracts are leveraged trading products and may experience large price fluctuations.
Especially around earnings reports of major tech companies like NVIDIA, key US economic data releases, Federal Reserve policy signals, and major geopolitical events, market volatility may significantly increase. Please manage positions 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.
Relevant market data are sourced from public markets and TEBBIT platform; different data sources may have price and time discrepancies.TEBBIT US stock perpetual contracts are continuous trading products; their actual transaction prices, mark prices, and settlement prices may differ from the corresponding US stock spot market prices.
Users should independently assess their own situations and bear related trading risks.
TEBBIT Team