Wall Street closes lower as megacap tech, chips and banks lead a broad risk-off move
Executive summary: U.S. stocks finished lower across the major averages, with the Nasdaq Composite down 2.7%, the S&P 500 off 2.0% and the Dow Jones Industrial Average down 2.0%. The heaviest pressure came from technology, semiconductors, financials and defense, while energy, gold and several industrial metals advanced. Bitcoin and Ether also surged, underscoring a sharp rotation into alternative risk and hard assets. [Continue Reading]
360LiveNews Markets Intelligence | 20 Aug 2026 21:15 LONDON
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