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Trump Threatens ‘Economic D-Day’ Against Iran as War Enters New Phase on August 21
Trump vows ‘economic D-Day’ against Iran with unprecedented sanctions. Treasury Secretary Bessent promises details August 24. Oil rises to $94 as global allies face pressure to join blockade.

Stock Market Today: S&P 500 Futures Gain Amid Iran Sanction Threats; Ross Stores Rallies 9% on Strong Q2 Beat
S&P 500 futures climbed 0.2% on Friday, August 21, 2026, following Thursday’s decline. Dow futures gained 65 points, while Nasdaq 100 futures advanced 0.4%. Treasury Secretary Scott Bessent warned the US will impose “the toughest sanctions in history” on Iran. Ross Stores shares jumped 7.92% in after-hours trading on a strong second-quarter earnings beat. Why…

FTSE 100 Today: UK Stocks Edge Up 0.16% as Antofagasta and Mining Rally Mask Weak Retail Sales
The FTSE 100 edged 0.16% higher on August 21, 2026, as stronger metals prices lifted London-listed mining stocks. Antofagasta led the gains with a 4.3% jump, while gold, silver and copper also moved higher. The rise came despite a weaker UK consumer picture. Retail sales fell 0.5% in July, adding to concerns over household spending….

Moderna Tumbles 23.5% After 177% Surge on Cancer Vaccine Win, August 21
Moderna stock fell 23.5% to $133.32 on August 21 after surging 177% the prior day on its cancer vaccine breakthrough with Merck. RSI hit record 92.21, signaling extreme overbought conditions.

JD Sports Stock Plunges 10.98% as Retailer Cuts Profit Outlook on Weak Sales
JD Sports stock plunged 10.98% on August 20, 2026, after the sportswear retailer lowered its full-year profit outlook following weaker second-quarter sales. Group like-for-like sales fell 3.1%, while North American sales dropped 6.8%, adding pressure to the company’s growth plans. JD Sports now expects adjusted pre-tax profit of £700 million to £800 million, below its…

Moderna Soars 177% on Melanoma Vaccine Win; Merck Gains 12% on August 20
Moderna jumps 177% and Merck rises 12% after their mRNA cancer vaccine meets Phase 3 endpoints for melanoma. The combo reduced cancer recurrence and spread in over 1,100 patients.

Gaja Alternative IPO GMP Today: How Gaja Capital Is Challenging the AIF Model
Gaja Alternative IPO’s Grey Market Premium stood at ₹21 as of Thursday, August 20, 2026, 9:45 AM IST. That implies a listing price near ₹181, a 13% premium over the ₹160 upper band. The ₹550 crore issue from Gaja Capital’s asset management arm closes for subscription on August 21. Overall subscription remained modest at 0.30…

KPMG Cuts 500 Staff, Spares Audit Team Amid Scandal Fallout
KPMG Australia axes 500 staff including 50 partners after audit scandal. Audit division spared despite being central to misconduct. Treasury considers breaking up Big Four.

Ralph Carr’s Lawyer Seeks Stay on Rape Sentence, Calls Verdict ‘Miscarriage’ on August 19
Ralph Carr, convicted of raping a former employee in March 2023, seeks to delay sentencing pending appeal. His lawyer claims miscarriage of justice; court heard arguments on August 18.