https://www.live-feeds.com/feed/stock-market-today-oil-drops-ahead-of-bessent-iran-presser-tech-stocks-under-pressureContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/stock-market-today-oil-drops-ahead-of-bessent-iran-presser-tech-stocks-under-pressurehttps://www.live-feeds.com/feed/stock-market-today-oil-drops-ahead-of-bessent-iran-presser-tech-stocks-under-pressure#u48643Wed, 26 Aug 2026 03:05:32 +0000Global markets experience mixed results as US sanctions on Iran impact oil prices and tech stocks face pressure amid US-Canada trade tensions. The S&P 500 and Nasdaq slipped, while oil prices fell to a one-week low. Xpeng shares tumbled 9% after a weak delivery forecast. The market awaits potentially market-moving events later in the week, including Nvidia earnings and a press conference by US Treasury Secretary Scott Bessent.Why it mattersThe ongoing trade disputes and sanctions have been influencing market sentiments. The US has intensified its economic war against Iran, which has been a https://www.live-feeds.com/feed/stock-market-today-oil-drops-ahead-of-bessent-iran-presser-tech-stocks-under-pressurehttps://www.live-feeds.com/feed/stock-market-today-oil-drops-ahead-of-bessent-iran-presser-tech-stocks-under-pressure#u47700Tue, 25 Aug 2026 00:10:31 +0000Oil prices fell 1% as US Treasury Secretary Scott Bessent unveiled new sanctions against Iran's trading partners. Investors reacted to the US vow to intensify its economic war against Iran, with some expecting these to be the toughest sanctions yet. Simultaneously, the stock market faced pressure as the S&P 500 and Nasdaq slipped due to sagging tech stocks and an escalating trade dispute between the US and Canada. In Australia, Coles reported a $1.1 billion annual profit while allocating $235 million for worker underpayments.Why it mattersThe US is intensifying economic pressure on Ir