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
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Day News Recap: Earthquake toll rises in Indonesia as Middle East tensions and wildfires deepen
Indonesia is facing the worst of the day’s developments after a powerful 7.7 magnitude earthquake off Flores Island killed at least 38 people, injured many more and caused widespread damage, with aftershocks continuing across eastern Indonesia. 🔗In the Middle East, Lebanese officials said Israeli air strikes killed nine people in the south, while Yemen’s internationally recognised government said a Houthi strike on the Red Sea port city of al Makha killed at least four. 🔗 🔗Lebanon’s political and security tensions also sharpened as the prime minister pressed for a clear timetable for Israel’s withdrawal from Lebanese territory, even as Hezbollah... [Continue Reading]
360LiveNews Recap | 15 Aug 2026 18:18 LONDON
Breakfast News Recap: Hormuz tensions flare as Lebanon, Indonesia and Afghanistan crises deepen
Donald Trump has escalated tensions with Iran by saying he would soon declare the Strait of Hormuz part of United States territory, a claim Tehran rejected as shipping concerns over the strategic waterway remained unresolved. Iran said it had not yet decided whether to restart talks with Washington, while also working separately with Oman on a temporary shipping route. 🔗 🔗In the Middle East, Lebanese state media said an Israeli airstrike on a home near Ansar in southern Lebanon killed seven people and wounded three, as fresh attacks continued in the south. Separately, Lebanon's prime minister is pressing for a... [Continue Reading]
360LiveNews Recap | 15 Aug 2026 08:34 LONDON
Brazil Supreme Court to hear cases that could weaken Amazon protections
Brazil's Supreme Court is due to hear several cases on Wednesday that could reshape legal protections for the Amazon rainforest and affect Indigenous land rights. The hearings come after lawmakers overrode several environmental vetoes issued by President Luiz Inacio Lula da Silva. They also follow a separate round of motions the court began reviewing on Friday linked to a 2025 ruling that rejected the so-called time limit thesis on Indigenous land claims.The cases place some of Brazil's most consequential environmental disputes before the country's top court. One issue concerns the future of the soya moratorium, an agreement that barred major... [Continue Reading]
360LiveNews | 11 Aug 2026 20:00 LONDON
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