Technology took the heaviest blow in the October 16, 2026 session. The Nasdaq Composite fell 2.14% to 26,140.03 and lost 4.48% on the week, its worst weekly result since June. Invesco QQQ Trust (NASDAQ:QQQ) tracks the Nasdaq-100, which is dominated by large technology and …
The week is light on major economic data but heavy on housing. The NAHB HousingMarket Indexarrives on Monday, October 19 at 10:00 a.m. ET, with a forecast of 31 against 32 prior. September housing starts and permits follow on Tuesday at 8:30 a.m. ET, …
A new model from the Chinese AI developer DeepSeek was described over the weekend of October 17 to 18, 2026 as faster and more efficient, and Korean memory stocks fell when trading opened on Monday. SK Hynix lost 6.84% and Samsung Electronics lost 6.03% …
US stocks recovered from earlier losses on Thursday, with the S&P 500 gaining 0.3%, theNasdaqending near flat and the Dow rising 557 points. AI-related stocks stabilised after Nvidia CEO Jensen Huang dismissed suggestions that CoreWeave would need a bailout, helping its shares climb 5.9%. …
The October 14, 2026 session combined a hotterInflationreport with a sell-off in semiconductors. September consumer prices rose 3.7% from a year earlier, above the 3.6% consensus, and traders raised the odds of another Federal Reserve rate increase. The S&P 500 closed at 7,718.94, theNasdaqComposite …
US stocks closed lower on Wednesday as hotter-than-expectedInflationreinforced expectations of another Fed rate hike, while AI infrastructure concerns and rising Chinese competition pressured chipmakers. The S&P 500 fell 1.1%, theNasdaqdropped 2% and the Dow lost 49 points. Nvidia, Broadcom, Micron and AMD declined between …
TheConsumer Price Indexrose 3.7% from a year earlier, above the roughly 3.6% forecast and faster than August's 3.4% pace. Core CPI, which excludes food and energy, increased 2.6% against expectations of about 2.5%. Monthly gains were stronger than anticipated, partly because of higher energy …
US stocks closed lower on Tuesday, with the S&P 500 near flat, the Dow down 180 points and theNasdaqfalling 0.3%. Semiconductor shares declined amid advances by China’s CXMT and concerns over returns on AI spending, led by Applied Materials’ 7.2% drop and Micron’s 4.6% …
US stocks ended mixed on Monday, with the S&P 500 little changed, theNasdaqdown 0.4% and the Dow up 196 points as investors awaitedEarningsandInflationdata. Tech weakness weighed on markets, with Micron falling 3.9% amid competition concerns and Nvidia losing 1.3%. Meta rose 3.4% following an …
US stocks closed higher on Friday as optimism over the upcomingEarningsseason lifted sentiment. The S&P 500 rose 0.6%, theNasdaq100 gained 0.5% and the Dow added 423 points. Major banks advanced ahead of an expected nearly USD 19 billion in quarterly stock-trading revenue, while Alphabet, …