Stocks Fall Ahead of High-Stakes Week; Canada Sees Long US Trade War | Bloomberg Brief 08/24/2026

US equity futures drag as investors await US Treasury Secretary Scott Bessent’s news conference on Iran on Monday as well as the PCE data, Nvidia earnings and Fed Chair Kevin Warsh's remarks later in the week. Canada sees little chance of resuming trade negotiations with the US before the US midterm elections following unsuccessful talks. Sharon Bell of Goldman Sachs compares the US and Europe's stock markets. Jane Foley of Rabobank discusses the dollar amid elevated US budget deficit and look ahead to Warsh's speech on Friday. Chapters: 00:00:00 - Bloomberg Brief Begins 00:00:42 - Global Market Check: Asian Markets & Tech Stocks, Global Markets, Bonds & Commodities 00:03:41 - First Look Movers: Alibaba, Steel & AI 00:05:08 - Sharon Bell, Goldman Sachs Senior European Equity Strategist, on European Equities & Dollar Weakness & Outlook for European Equities 00:10:58 - Trending on the Terminal 00:12:40 - US-Canada Trade Talks Collapse 00:15:41 - Alibaba's Big AI Fundraising Push, Nvidia Raises Prices as Memory Costs Soar, & Shein Targets Hong Kong IPO 00:19:51 - Front Page News 00:22:48 - First Look Movers 00:24:05 - Jane Foley, Rabobank Head of FX Strategy, on the Dollar & Treasury Credibility & Bessent, Warsh & US Fiscal Risks 00:32:13 - Trending on the Terminal 00:33:33 - Scott Bessent's Economic "D-Day" Against Iran, US-Canada Trade War Escalates, Midterm Elections & Trump's Economic Agenda 00:37:46 - Alibaba's Record Fundraising, Nvidia's AI Price Hikes, & Nvidia Eyes Perplexity Investment 00:40:40 - What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts