AI stocks on Wall Street bounced back from last week's steep losses, lifting the S&P 500 by 0.5% and the Nasdaq by 1.1%, though most US stocks outside AI and tech were falling. Many European indexes sank more than 1% after violent weekend protests that could force governments to spend more, pushing bond yields higher, while Australia's ASX was set to fall 0.8% at the open. Nvidia rose 1.3% and CoreWeave gained 2.8% after tumbling 25.2% last week, while Cleveland-Cliffs jumped 15.8% on a bigger-than-expected quarterly profit. The 10-year Treasury yield climbed to 5.14% from 5.09%, and Brent crude rose 0.2% to $US110.12 a barrel amid uncertainty over the war with Iran.
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/16/2026 | 214.14 |
| Change that session | -1.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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