Stocks Rise Ahead of More Data; US Hits China with 100% Tariffs on Drones | Bloomberg Brief 08/14/26
US equity futures waver after stocks notched a fresh record high ahead of retail sales and consumer sentiment data. Oil climbs as Treasury Secretary Scott Bessent says the US will announce unprecedented plans for Iran's "economic isolation" next week. The Trump administration imposes levies of as much as 100% on imported drones and components, further decoupling from drone supply chains with…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
