Wall Street closes lower as megacap tech stumbles, energy and bitcoin rally on higher oil and bond-market stress
Executive summary: U.S. stocks finished lower, led by sharp losses in Meta, Amazon and Microsoft, while energy shares, crude oil and bitcoin advanced. The move came alongside a broader rise in market anxiety around bond yields and geopolitics, with defensive and commodity-linked assets outperforming growth-heavy tech. [Continue Reading]
360LiveNews Markets Intelligence | 18 Aug 2026 21:15 LONDON
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Russia warns UK over reports of British-made drones used in strikes on mainland Russia
Russia's embassy in London has warned the United Kingdom it will face "consequences" after reports that British-made drones were used in strikes on targets inside mainland Russia. The warning followed reporting that Ukraine used drones made by two UK companies as part of a so-called deep-strike campaign. The UK Ministry of Defence rejected the threat and said Britain remains committed to helping Ukraine defend itself against Russia's full-scale invasion.In a statement, the embassy said the reports confirmed that London was deliberately choosing escalation and accused Britain of seeking to inflict damage on Russia by proxy. It said the deeper the... [Continue Reading]
360LiveNews | 18 Aug 2026 08:59 LONDON
Wall Street closes mixed as AI chips surge, megacap tech slumps and energy leads the tape
Executive summary: Wall Street finished mixed, with the S&P 500 down slightly, the Dow lower and the Nasdaq barely higher. The session was defined by a sharp rotation inside technology, where AI and chip stocks rallied strongly even as Amazon, Microsoft and Meta sold off hard. Energy, small caps and several commodity-linked assets also firmed, while natural gas, palladium and some financials weakened. The split tape suggests investors are still rewarding select AI exposure, but are also rotating away from parts of the megacap complex and into cyclical and resource-linked names. [Continue Reading]
360LiveNews Markets Intelligence | 17 Aug 2026 21:15 LONDON
