U.S. stocks slipped Friday as rising oil prices pressured the market, with the S&P 500 down 0.2% and on track for a second straight weekly loss, and the Dow down 541 points, or 1%, as of 11:12 a.m. Eastern time. Brent crude climbed 2.4% to $115.86 a barrel, its highest since March and up sharply from below $97 at the start of October. AI-related stocks moved in different directions, with Micron up 3.4%, Microsoft up 0.8% and Nvidia up 0.3%, while American Express fell 3.3% despite beating profit forecasts and announcing its first major job cuts in about a decade. The 10-year Treasury yield edged up to 4.99% from 4.96%, and with inflation well above 3%, markets expect the Fed to hold rates next week but lean heavily toward another hike in December.
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Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/22/2026 | 704.59 |
| Change that session | -2.84% |
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/22/2026 | 212.28 |
| Change that session | -4.36% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/22/2026 | 764.02 |
| Change that session | -1.17% |
AAPL
▼ Likely negativeApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/22/2026 | 348.32 |
| Change that session | +1.26% |
AMZN
▼ Likely negativeAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/22/2026 | 250.49 |
| Change that session | -4.53% |
GOOGL
▼ Likely negativeAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/22/2026 | 324.21 |
| Change that session | -3.15% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Wall Street loses ground under pressure from rising oil prices , more swings for Big Tech stocks
U.S. stocks slipped Friday as rising oil prices weighed on the market, with the S&P 500 down 0.2% and on track for a second straight weekly loss, and the Dow down 541 points, or 1%, as of 11:12 a.m. Eastern time. Brent crude rose 2.4% to $115.86 a barrel, its highest since March and up from under $97 at the start of October, lifting energy stocks such as ConocoPhillips (+4.2%) and Chevron (+2.4%). AI-related stocks swung widely, with Micron up 3.4%, Microsoft up 0.8% and Nvidia up 0.3%, while American Express fell 3.3% despite beating profit forecasts and announcing its first major job cuts in roughly a decade. The 10-year Treasury yield edged up to 4.99% from 4.96%, and with inflation well above 3%, markets expect the Fed to hold rates next week but lean heavily toward another hike in December.
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US stocks fell Friday as a broad tech sell-off pushed the S&P 500 down 1.1% to 7,659.44 and the Nasdaq down 2.1% to 26,140.03, capping the market's worst week since late June. Chipmakers led the decline, with Micron, AMD, Broadcom and Intel falling 4.5% to 6%, as investors worry about how long the AI spending boom will last and whether tech firms can keep borrowing. The 10-year Treasury yield eased to 5.09% from 5.10%, after topping 5.30% earlier this month, while CME data showed traders see a 74.3% chance of a Fed rate hike in December, up from 50.2% a month earlier. Brent crude rose 3.7% to $109.86 a barrel as the Iran war and concerns over the Strait of Hormuz kept supply under pressure.
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U.S. stocks fell Friday as a broad tech sell-off pulled the S&P 500 down 1.1% to 7,659.44, leaving it about 2% lower for the week and erasing gains from a record high set last week. The Nasdaq dropped 2.1%, its first weekly loss in five weeks, as chipmakers Micron, AMD and Intel fell between 5.6% and 6% amid worries about how long AI spending can be financed through borrowing. The 10-year Treasury yield eased to 5.09% but had topped 5.30% earlier this month, its highest since 2002. Traders now see a 74.3% chance of a Fed rate hike in December, up from 50.2% a month ago. Brent crude rose 3.7% to $109.86 a barrel as there was still no deal between the U.S. and Iran to end the Iran war.
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U.S. stocks rose Wednesday after strong profit reports from SpaceX, Capital One and other large companies. The S&P 500 gained 0.6% to 7,757.17, the Dow added 360.21 points to 52,856.09, and the Nasdaq rose 1.1%. SpaceX climbed 7.8% after reporting a stronger-than-expected summer profit, and Musk said it had taken a step toward considering a possible merger with Tesla, whose shares rose 3.4%. Netflix fell 5.3% despite a profit beat, as its revenue forecast for the final quarter of the year fell short, while AT&T dropped 6.4% despite a stronger profit because its growth outlook disappointed. Among AI stocks, Nvidia rose 2.5% and Super Micro jumped 9.5% after raising its revenue outlook, while the 10-year Treasury yield climbed back to 5.12% and Brent crude settled at $108.82 a barrel.
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