Bessent says new US sanctions aim to block all potential sources of revenue for Iran, tells nations to cut economic ties

By The Associated Press
August 24, 2026 | 7:50 PM

WASHINGTON (AP) — Bessent says new US sanctions aim to block all potential sources of revenue for Iran, tells nations to cut economic ties.

How major US stock indexes fared Monday 8/24/2026

By The Associated Press
August 24, 2026 | 8:55 PM

U.S. stocks drifted to a mixed finish as the countdown ticks toward potentially market-moving events coming later in the week. The S&P 500 slipped 0.3% Monday and pulled further from its record set earlier this month. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite fell 0.8%. Yields eased in the bond market after oil prices dropped. Investors are waiting for Nvidia’s profit report coming Wednesday, which could shed light on how strong the AI boom remains. On Friday, Federal Reserve Chairman Kevin Warsh will give a speech as pressure rises on him to hike interest rates to get inflation under control. On Monday:

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