US Markets Under Pressure – Geopolitical Escalation Drives Oil Prices – 30-Year US Yield at 19-Year High – Disney's $60 Billion Bet – Chevron Shines in Angola – Micron Benefits from US Sanctions – Fabrinet Reports Record Numbers – Meta Facing Legal Earthquake
Reading Time: 7 minutes
After the most recent trading day on Monday, August 17, 2026, US markets were burdened by geopolitical and macroeconomic concerns. The Dow Jones dropped by 0.51% and closed at 53,460.02 points, while the S&P 500 fell by 0.52% to 7,745.37 points. The tech-heavy Nasdaq Composite changed by -0.32% to 26,644.91 points. The abrupt end of the ceasefire between the US and Iran, combined with drastic bombing threats from the US President towards Oman, drove oil prices sharply higher and fueled the already stubborn inflation fears, catapulting bond...
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