The S&P 500 fell 1.3% and the Nasdaq composite was down 2.4% around midday, after sharper losses in Asia, while the Dow slipped only 0.1%. AI-related shares sank on worries about the rising cost of borrowing to build data centers and buy chips, as well as high valuations, with Lam Research down 11.1% despite a slight profit and revenue beat, Meta down 7.4%, Nvidia down 4.3% and CoreWeave down 9.6%. South Korea's Kospi fell 3.5%, and Brent crude rose 2.9% to $111.99 a barrel amid uncertainty over the war with Iran. The 10-year Treasury yield dropped to 4.98% from 5.13%, but remains well above its 3.97% level before the war as investors sought safer assets. Most S&P 500 stocks still rose, and results from Procter & Gamble, Lockheed Martin and CSX helped limit losses.
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Keywords
artificial intelligenceNVDAoil pricesbondsS&P 500
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Related tickers and likely impact
NVDA
▼ Likely negativeNvidia
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.97 |
| Change that session | +2.54% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 725.20 |
| Change that session | +1.05% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.09 |
| Change that session | +0.53% |
VNINDEX
▼ Likely negativeRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/22/2026 | 1,760.63 |
| Change that session | +1.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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