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The Gulf Tape

The Open

  1. Wall Street Closes Mixed as Chip Slide Drags Nasdaq

    The OpenWall Street closed mixed Monday, Aug. 24, 2026: the S&P 500 fell about 0.3% and the Nasdaq Composite dropped about 0.8% as memory-chip stocks SanDisk and Micron Technology sank, while the Dow Jones Industrial Average was the lone gainer, per Yahoo Finance. Brent and WTI crude fell roughly 2.5% on profit-taking, CNBC reported, despite new U.S. sanctions targeting Iranian oil.