iFAST Daily Brew ☕️ - 21 Aug 2026
Wall Street sank as bond yields rise, Walmart results disappointed.
🇺🇸 S&P 500: 7,641 (-0.87%) 📉
🇺🇸 NASDAQ: 26,067 (-1.00%) 📉
🇪🇺 STOXX 600: 650 (-0.12%) 📉
🇯🇵 Nikkei 225: 66,217 (1.36%) 📈
🇭🇰 Hang Seng: 25,698 (0.80%) 📈
🇨🇳 CSI 300: 4,593 (0.09%) 📈
🇸🇬 STI: 5,672 (-0.39%) 📉
3 Things You Need To Know Today:
1. Broadcom is reportedly seeking more than USD60 billion, and potentially up to USD100 billion, in AI chip financing tied to Anthropic and other customers, reinforcing its role in custom AI silicon but also highlighting how vendor backed debt structures are becoming central to funding the AI compute buildout.
2. Japan’s July trade data showed both exports and imports hitting record highs, with exports up 23.2% on AI-related semiconductor demand and a weaker yen, while imports rose 27.8% as oil costs surged, reinforcing inflation pressure and the case for a BOJ rate hike.
3. Asia-Pacific equities closed in higher on Thursday, with the Hang Seng and CSI 300 Index gaining 0.8% and 0.1%, respectively, led by most large-cap technology and internet stocks, as sentiment was buoyed by the softer yield backdrop overnight.
