BSE-S&P Dow Jones

Most heavyweight tech stocks were under pressure, with Amazon.com, down 2.3 per cent. Chip stocks, including Advanced Micro Devices and Intel, slipped 4.2 per cent and 2.2 per cent, respectively

Trade war escalates as China announces retaliatory measures against the US, while other economies seek dialogue with the White House

At 6:32 AM, GIFT Nifty futures were trading about 38 points lower at 26,307 levels, indicating a negative opening compared to the last close of Nifty futures.

Stocks to watch on August 26: GQG Partners Emerging Markets Equity Fund purchased a 0.69 per cent stake in Ambuja Cement via a bulk deal

The move follows a long dispute between the two bourses over exiting the JV, which is responsible for compiling and maintaining popular Sensex and Bankex indices

'The two key factors are volatility in the stock market and the performance differential within indices'

Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs

Pharma stocks provide a good hedge as the markets slip from recent highs. For the Sensex, 32,400 level remains key

For the sake of context, the financial crisis of 2008 had seen the S&P 500 fall by more than 50 per cent from its peak

Dow Jones down 1,424.47 points, or 5.51%, at 24,440.31, while the S&P 500 was down 160.27 points, or 5.39%, at 2,812.10

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