Stocks were mixed on Wednesday as banks kept reporting earnings, while a hotter-than-expected inflation reading pushed long-dated bond yields higher. The 10-year Treasury yield rose 9 basis points to 5.30%, and oil stayed elevated after higher energy costs lifted prices in September. Brent crude hovered near $105 per barrel and WTI near $95. In early trading, the tech sector (XLK) fell as chip stocks extended losses, led by Micron and SK Hynix after a sharp global sell-off, with Nvidia and AMD also lower. Financial services (XLF) declined following reports involving Bank of America and BlackRock.
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Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/13/2026 | 743.57 |
| Change that session | -0.33% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/13/2026 | 778.01 |
| Change that session | -0.01% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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