Stocks Fall as Chip Selloff Outweighs Drop in Oil: Markets Wrap

Bloomberg Markets•Sun, Aug 23, 2026, 10:10 PM•2 min read

Wall Street kicked off the week on a cautious note, with a rout in chipmakers outweighing an oil decline as Treasury Secretary Scott Bessent pledged to isolate Iran from the global economy.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-23/stock-market-today-dow-s-p-live-updates)

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