Wall Street opened lower on Thursday as doubts over returns on heavy AI spending, disappointing Tesla and Meta results, and surging oil prices hit sentiment. The Dow fell 67.7 points (0.13%) to 52,788.41, the S&P 500 dropped 62.6 points (0.81%) to 7,694.62, and the Nasdaq Composite lost 394.5 points (1.48%), with the Nasdaq 100 losing about 500 points in the first 13 minutes. Meta fell 6.51% to $652.10, Tesla 1.91% to $379.10 and Nvidia 1.76% to $218.07. Oil prices hit their highest since May, with Brent above $111 a barrel, after the New York Times reported that the US and Israel had drawn up plans for renewed strikes on Iran following the November 3 midterm elections. Spot gold fell 1.46% to $4,071.56 an ounce, while the FTSE 100 edged up 0.01% to 10,754.13.
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Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 725.21 |
| Change that session | +1.06% |
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.87 |
| Change that session | +2.49% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.13 |
| Change that session | +0.53% |
AMZN
▼ Likely negativeAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/21/2026 | 262.28 |
| Change that session | -0.13% |
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/21/2026 | 334.67 |
| Change that session | -1.65% |
META
▼ Likely negativeMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 698.43 |
| Change that session | +0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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