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US stocks drift lower after expectations rise for the Fed to hike rates to get handle on inflation
Summary by The San Antonio Editorial Desk Elaine Kurtenbach, Associated Press , as published by KSAT 12 (ABC affiliate)
· August 28, 2026
· 1 min read
Photo: KSAT 12 (ABC affiliate) · view original
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Summary created by The San Antonio Editorial Desk — automated, rule-governed Byline on source page Elaine Kurtenbach, Associated Press, as published by KSAT 12 (ABC affiliate) Original story Read at the source Source published Aug 28, 2026 Indexed here Aug 28, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The S&P 500 and Nasdaq futures are lower, but the Dow Jones Industrial Average is higher. They want to know how the Federal Reserve plans to handle high prices.
Economists and investors are waiting for guidance on US policy. They want to know how the Federal Reserve plans to handle high prices. The Fed's leader has not given clear answers about interest rates. His previous comments did not provide direct information about the Fed's next steps.
US stock futures are showing mixed results. Some are down slightly, while others are up. The S&P 500 and Nasdaq futures are lower, but the Dow Jones Industrial Average is higher.
Further information is available about the Federal Reserve's plans and the impact on the economy. The Fed's leader is scheduled to speak at an economic symposium, which may provide more clarity on the Fed's intentions.
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KSAT 12 (ABC affiliate) reported and published this story. The San Antonio selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by KSAT 12 (ABC affiliate) . The San Antonio selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact the editor .
Category: News Published: August 28, 2026 Source: KSAT 12 (ABC affiliate) Reading time: 1 min
Frequently asked about this story
What is this story about? Economists and investors are waiting for guidance on US policy. They want to know how the Federal Reserve plans to handle high prices. The Fed's leader has not given clear answers about interest…
When was this published? This article was first published on August 28, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Elaine Kurtenbach, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The San Antonio, or browse our daily briefing and topic hubs .
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