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Stay informed with the latest developments in the financial markets.

US markets are weighed down by an extended sell-off in the tech sector

On October 16, 2026, U.S. stock markets ended their worst week since June, driven by a significant sell-off in the technology sector. The S&P 500 fell 1.1%, wiping out gains from the previous week, while the tech-heavy Nasdaq dropped 2.1%, marking its worst performance in months.

Nasdaq Nosedives as AI Boosts Consumer Prices: Stock Market Today

On October 14, 2026, U.S. stock markets dropped sharply following hotter-than-expected consumer price inflation data, with the Nasdaq Composite plummeting by 1.9% to 26,692. The inflation uptick, influenced by strong consumer spending, energy prices, and AI-related cost pressures, spurred a rise in the probability of a Federal Reserve rate hike later in October.

AI stocks lead a rebound on Wall Street as European markets drop following protests

On October 19, 2026, Wall Street saw a rebound led by AI stocks, with the S&P 500 rising 0.6% and the Nasdaq gaining 1.4%. European markets declined due to protests over rising living costs, leading to increased bond market stress.