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Latest Market News

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Dow drops 652 points as oil and Treasury yields rise; market volatility continues

U.S. stocks fell as geopolitical tensions intensified, oil prices surged, and Treasury yields climbed. The Dow Jones Industrial Average dropped 1.2% to 52,215, while the S&P 500 declined 0.5% to 7,623. Investors are preparing for major corporate earnings reports and the Federal Reserve meeting next week.

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Meta's Q3 results lead to 7% stock decline amid increased AI spending

Meta reported Q3 earnings exceeding expectations but announced increased spending on data centers and AI infrastructure, leading to a 7% stock decline. The company raised its 2026 capital expenditure guidance and created a new class of shares to raise additional capital.

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US stocks rise as AI shares lead gains; S&P 500 up 0.6%

U.S. stocks mostly rose, led by AI shares. The S&P 500 gained 0.6% to 7,722.60, and the Nasdaq climbed 1.2% to 26,477.81. Broadcom rose after announcing a financing deal with Anthropic for AI chips.

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