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Stocks Fall Ahead of High-Stakes Week; Canada Sees Long US Trade War | Bloomberg Brief 08/24/2026

US equity futures drag as investors await US Treasury Secretary Scott Bessent’s news conference on Iran on Monday as well as the PCE data, Nvidia earnings and Fed Chair Kevin Warsh's remarks later in the week. Canada sees little chance of resuming trade negotiations with the US before the US midterm elections following unsuccessful talks. Sharon Bell of Goldman Sachs compares the US and Europe's…

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Indian shares fall as investors await details on Iran sanctions

Indian shares fell on Monday, tracking subdued global markets, as investors stayed cautious ahead of the release of details about likely U.S. sanctions on Iran. U.S. Treasury Secretary Scott Bessent is due to hold a press conference at 1800 GMT on Monday, after threatening to impose “the toughest sanctions in history” on Iran.

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