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The Dow Jones Industrial Average closed down 700.75 points, or 1.31%, at 52,762.30 on Thursday, August 20. The S&P 500 closed down 66.42 points, or 0.86%, at 7,641.56 on Thursday, August 20. The Nasdaq Composite closed down 263.92 points, or 1.00%, a

2026-08-21

The Dow Jones Industrial Average closed down 700.75 points, or 1.31%, at 52,762.30 on Thursday, August 20. The S&P 500 closed down 66.42 points, or 0.86%, at 7,641.56 on Thursday, August 20. The Nasdaq Composite closed down 263.92 points, or 1.00%, at 26,067.17 on Thursday, August 20.

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2026-08-20

US Treasury official Bessent said the cap on a single bond buyback could exceed $4bn, partly as a signal that yields do not reflect fundamentals. The Treasury may announce stepped-up fiscal consolidation and Bessent said the deficit has very likely a

US Treasury official Bessent said the cap on a single bond buyback could exceed $4bn, partly as a signal that yields do not reflect fundamentals. The Treasury may announce stepped-up fiscal consolidation and Bessent said the deficit has very likely already peaked. He dismissed a $40 trillion debt headline as not especially meaningful and said markets are somewhat overreacting. Any balance-sheet changes would be coordinated with the Federal Reserve, he added, and interest-rate decisions are unrelated to buyback choices. Market indicators point to lower inflation ahead. A press briefing on Iran-related economic sanctions are scheduled for next Monday.
2026-08-21

Aug 21 close — China CSI 300 Index +0.57% to 4,618.90; China's Shanghai Composite Index +0.04% to 3,905.20; Shenzhen Composite Index +0.87% to 14,094.17; ChiNext Index +1.43% to 3,545.58; STAR 50 Index +0.04% to 1,653.56.

Aug 21 close — China CSI 300 Index +0.57% to 4,618.90; China's Shanghai Composite Index +0.04% to 3,905.20; Shenzhen Composite Index +0.87% to 14,094.17; ChiNext Index +1.43% to 3,545.58; STAR 50 Index +0.04% to 1,653.56.
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