The Trading Day · Monday, August 24, 2026

Asia sells off into the week's four-clock wait — KOSPI drops 2.60%, and oil refuses to pay the Iran headline

Asia closed the week's first session in the red, and Korea did the most damage: KOSPI fell 2.60% to 6733.02, the region's worst performer overnight, with Hang Seng down 2.02% to 25484.40, Taiwan off 0.78% to 44872.42, and the Nikkei down a milder 0.44% to 65725.04. ASX 200 was the one green major, up 0.47% to 9101.60, on a session the resource complex carried rather than technology. US futures picked up that tone heading into the premarket — NQ down 0.43% to 29262.50 and ES off 0.12% to 7682.25 against Friday's close, itself a session where the S&P 500 finished at 7674.37 (+0.43%), the Nasdaq-100 at 29308.86 (+0.33%), and VIX fell 5.50% to 15.13.

The Morning 10

Asia sells off into the week's four-clock wait — KOSPI drops 2.60%, and oil refuses to pay the Iran headline

  1. 1 Asia Red, Korea Worst — KOSPI −2.60%
  2. 2 The Waiting Room — Four Clocks, One Week
  3. 3 Oil Doesn't Pay the Iran Headline
  4. 4 The Resource Trifecta — Australia, Canada, South Africa
  5. 5 Gold Steady, Bitcoin on the Range Floor
  6. 6 The Bond Veto's Second Failure — IEF at 92.82
  7. 7 SPLV Wins the Week, the Ex-Tech Axis Confirmed
  8. 8 HALO Flat, Rubin Down 7.27% — The Family Splits Again
  9. 9 PDD's 0-of-8 Record, XPEV Today, WMT and Nvidia Ahead
  10. 10 Outside View — Gene Munster, Deepwater

Print-record cards of the day

  • ZM — Zoom: EPS beats 9/10 · revenue 10/10 · reactions 5 up / 1 flat / 4 down · next print 2026-08-25

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