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The US equity market remained under pressure on Friday, 23 October 2026, as investors assessed surging oil prices, geopolitical risks and uncertainty surrounding artificial intelligenceInvestmentspending. The S&P 500 declined 0.52%, while theDow Jones Industrial Averagefell 1.23% and theNasdaqComposite slipped 0.21%. Energy was the standout …

Thursday then brings the advance estimate of third-quarter GDP, forecast to accelerate to an annualised 3.2% from 2.2%, together with September PCE inflation, where the headline measure is expected to rise 0.5% month-on-month, its largest increase since March, lifting the annual rate to 3.7% …

1. TECH SELLOFF:NasdaqFalls 2.6% in Its Worst Day Since June as Meta Plunges 7% andHedge FundsPost Their Worst Day Since COVID

● It has shed more than $600 billion inMarket Valuesince its early-October peak.

The latest Relative Performance Visualization for 22 October 2026 shows a broad concentration of sectors in the Leading quadrant. Energy, Consumer Staples, Utilities, Healthcare, Consumer Discretionary, Materials and Financials occupy Leading, while Real Estate sits at the boundary between Improving and Leading. Communication Services …

US sector performance on 22 October 2026 reflected a decisive rotation away from technology-oriented investments and toward defensive sectors. Consumer Staples delivered the strongest gain, followed by Utilities and Healthcare, while Real Estate and Financials also advanced. In contrast, Technology suffered the largest decline …

The decline was smaller than the 5.3% drop recorded in the first eight months of 2026, a sign that the pace of outflows is easing. Outbound non-financial direct investment over the same period was $101 billion, according to data from the Ministry of Commerce.