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us market commentary

  • Nasdaq Slumps To Three-Week Closing Low Amid Tech Sector Weakness August 24, 2026 16:10 ET

    After coming under pressure early in the session, stocks fluctuated over the course of the trading day on Monday but largely maintained a negative bias. The tech-heavy Nasdaq showed a notable decline on the day, ending the session at its lowest closing level in three weeks.

  • Crude Oil Tumbles Amid Profit-Booking While U.S. Unveils Large Economic Blockade On Iran August 24, 2026 14:42 ET

    Partially offsetting the gains from the six previous sessions, crude oil prices have slumped on Monday as the U.S. unleashes a massive economic offensive against Iran to compel the nation to strike a deal with the U.S. In addition, investors resorted to booking profits from last week's gains.

  • Gold Advances Amid Crude Oil Slump, Treasury Plans To Use General Account Funds August 24, 2026 13:43 ET

    Gold prices have edged higher on Monday, adding to the three previous sessions of gains, as crude oil tumbles as the U.S. readies for a crushing economic blockade on Iran. Reports also indicated the U.S. Treasury could use General Account funds to buy back long-term bonds, which triggered concerns of the U.S. dollar weakening.

  • Tech Sector Weakness Weighing On Wall Street Ahead Of Nvidia Earnings August 24, 2026 11:02 ET

    Following the rebound seen during last Friday's session, stocks have moved back to the downside during trading on Monday. The Nasdaq and S&P 500 have slid into negative territory, although the narrower Dow is bucking the downtrend. Currently, the Nasdaq and S&P 500 are off their lows of the session but still in the red.

  • Futures Pointing To Roughly Flat Open On Wall Street August 24, 2026 08:55 ET

    After ending last Friday's trading mostly higher but still posting notable losses for the week, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by just 0.1 percent. The...

  • Wall Street Poised To Open Lower As Trump To Impose Additional Sanctions On Iran August 24, 2026 08:20 ET

    President Trump is said to be planning to impose more sanctions on Iran. Investors are closely monitoring the geopolitical situation in the Middle East. In the Asian trading session, oil prices were sharply lower. Brent crude futures tumbled 1.8 percent to $92.72 a barrel. Gold extended gains....

  • Gold Scales Over Three-month High As Dollar Dips Ahead Of Fed Chair Speech August 24, 2026 05:39 ET

    Gold extended gains on Monday after rising over 5 percent last week, driven by a softer dollar amid expectations that U.S. authorities will keep long-term borrowing costs in check. Spot gold was up 0.7 percent at $4,637 an ounce, reaching its highest level in more than three months as the U.S. dollar...

  • Oil Prices Slip As Markets Brace For New US Sanctions On Iran August 24, 2026 05:21 ET

    Oil prices were sharply lower on Monday, after having risen over 5 percent to post their second consecutive weekly gain last week amid the impasse in talks for deal to end the U.S.-Iran war. Brent crude futures tumbled 1.8 percent to $92.72 a barrel ahead of the announcement of fresh U.S. sanctions...

  • U.S. Stocks Regain Ground But Close Notably Lower For The Week August 21, 2026 16:13 ET

    Following the sell-off seen during the previous session, stocks moved back to the upside during trading on Friday. The major averages all moved notably higher on the day, with the Dow showing a notable advance.

  • Crude Oil Advances As Widening U.S.-Iran Gap Leaves Strait Of Hormuz Shut August 21, 2026 14:37 ET

    Crude oil prices have edged higher on Friday, extending five sessions of gains, as expectations of a U.S.-Iran deal sank after the U.S. announced economic measures to isolate Iran, leaving the Strait of Hormuz closed and heightening supply concerns.

  • Gold Surges Amid Weakening U.S. Dollar After Trump Switches To Economic Blockade Against Iran August 21, 2026 13:50 ET

    Extending two days of gains, gold prices have soared on Friday as safe-haven demand for the U.S. dollar diminished following yesterday's announcement by U.S. President Donald Trump indicated a shift in the strategy against Iran from military aggression to economic pressure.

  • U.S. Stocks Moving Back To The Upside Following Yesterday's Slump August 21, 2026 11:03 ET

    After showing a strong move to the upside early in the session, stocks have given back some ground over the course of the trading day on Friday but remain mostly positive. With the upward move, the major averages are partly offsetting the steep losses posted in the previous session.

  • U.S. Stocks May Regain Ground Following Yesterday's Slump August 21, 2026 08:48 ET

    Following the weakness seen in the previous session, stocks may move back to the upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Traders may look to pick up stocks at reduced levels following...

  • Wall Street Set To Bounce Back August 21, 2026 08:06 ET

    Initial cues from the U.S. Futures Index suggest that Wall Street might open significantly higher on Friday, while the major averages finished lower at yesterday's close. In the Asian trading session, oil prices edged lower. Brent crude futures dipped 0.7 percent to $93.14 a barrel. Gold prices...

  • Gold Hits Three-month High On Softer Dollar Following Surprise Treasury Move August 21, 2026 06:08 ET

    Gold prices rose sharply on Friday and were on track for a third consecutive weekly gain, supported by a weakening dollar and expectations of controlled longer-term Treasury yields. Spot gold jumped 1.5 percent to $4,586 an ounce, rising more than 4 percent so far this week to hit a near three-month...

Global Economics Weekly Update - Aug 17 – Aug 21, 2026

August 21, 2026 14:42 ET
The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.