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The Dow Jones Industrial Average closed down 116.20 points, or 0.22%, at 53,343.58 on Tuesday, August 18. The S&P 500 closed down 53.15 points, or 0.69%, at 7,691.91 on Tuesday, August 18. The Nasdaq Composite closed down 355.20 points, or 1.33%, at

2026-08-19

The Dow Jones Industrial Average closed down 116.20 points, or 0.22%, at 53,343.58 on Tuesday, August 18. The S&P 500 closed down 53.15 points, or 0.69%, at 7,691.91 on Tuesday, August 18. The Nasdaq Composite closed down 355.20 points, or 1.33%, at 26,289.71 on Tuesday, August 18.

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2026-08-19

Kuaishou: In the second quarter of 2026, Kuaishou's average daily active users and average monthly active users reached 412 million and 797 million, respectively.

Kuaishou: In the second quarter of 2026, Kuaishou's average daily active users and average monthly active users reached 412 million and 797 million, respectively.
2026-08-19

Goldman Sachs trading desk head Rich Privorotsky says long-end rate pressure has taken on global characteristics: soft economic data can push down short rates while long-term bond yields remain under sustained pressure. Japan is the clearest example

Goldman Sachs trading desk head Rich Privorotsky says long-end rate pressure has taken on global characteristics: soft economic data can push down short rates while long-term bond yields remain under sustained pressure. Japan is the clearest example — the 10-year JGB yield has risen to about 2.94%, a 30-year high, and markets are pricing faster BOJ tightening. Tokyo is trying to sustain growth and equities, stabilize the currency, pursue fiscal expansion and keep the yield curve anchored; Privorotsky says those aims are increasingly incompatible. Fiscal loosening and higher nominal growth push long rates up, while more aggressive central bank tightening would raise economic and financial stress. He concludes Japan may ultimately need stronger monetary tightening, but political and structural constraints after decades of deflation make that path difficult; markets are already pricing the broader risk that central banks lose control of long-end yields when fiscal expansion and capital demand rise.
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