Stocks lost ground on Wall Street a day after the market hit its latest all-time highs. The S&P 500 fell 0.6% Friday. The index ended August up 1.9%, its fourth straight month of gains. The Dow Jones Industrial Average fell 92 points, or 0.2%. The Nasdaq composite fell 1.2%.

BRUSSELS (AP) – European defense ministers pledged Friday to ramp up support for Ukraine and increase pressure on Russia, a day after a Russian air assault on Kyiv killed 23 people and badly damaged a European diplomatic compound. Outrage over the attack propelled Europe’s leaders to increase support for Ukraine’s military and membership in the European Union.

WASHINGTON (AP) – President Donald Trump has told House Speaker Mike Johnson that he won’t be spending $4.9 billion in congressionally approved foreign aid, effectively cutting the budget without going through the legislative branch. Trump, who sent a letter to Johnson, R-La., on Thursday, is using what’s known as a pocket rescission for the first time in nearly 50 years.