The S&P 500 fell 1.2% and the Nasdaq Composite tumbled 2.6% on Thursday, the index's worst day since July, as AI stocks slid on worries about the cost of borrowing to build data centers and high valuations. Lam Research dropped 11.6% despite slightly stronger-than-expected profit and revenue, while Meta fell 7.9%, Nvidia 4.3% and CoreWeave 11%. Asian markets also fell, with South Korea's Kospi down 3.5%, Hong Kong's Hang Seng down 3% and Japan's Nikkei 225 down 2.7%. Brent crude rose 3.7% to $112.80 a barrel, touching its highest level since May, while the 10-year Treasury yield fell to 4.96% from 5.13% as investors sought safer assets. Most U.S. stocks still rose, and the Dow Jones edged up less than 0.1%.
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artificial intelligenceoil pricesNVDAbondsS&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 10/22/2026 | 212.28 |
| Change that session | -4.36% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/22/2026 | 704.59 |
| Change that session | -2.84% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: high
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/22/2026 | 764.02 |
| Change that session | -1.17% |
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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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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AI stocks sold off again on Wall Street Thursday after the swings whipped around the world on doubts about how long the AI boom will last. The S&P 500 fell 0.3%, its sixth loss in seven days since its record high, and the Nasdaq Composite dropped 0.9%, while most other stocks rose and Marsh & McLennan climbed 6.1% after a stronger-than-expected profit report. CoreWeave fell 7.8% after tumbling 15.5% the day before, Nvidia slipped 2.6%, and Taiwan Semiconductor's U.S. shares lost 4.6% despite a profit beat. The 10-year Treasury yield eased to 5.06% from 5.19% even though several U.S. economic reports came in stronger than expected, and South Korea's Kospi and Japan's Nikkei had earlier fallen 7.6% and 4.9%.
- Asian shares slip as sharp drops for AI stocks overwhelm markets worldwide and oil prices jump – Winnipeg Free Press
Asian shares mostly fell after a fresh slump in artificial-intelligence stocks weighed on markets worldwide, while oil prices rose to their highest since May on worries about the war with Iran. Tokyo's Nikkei 225 lost 1.7% to 61,825.26, South Korea's Kospi fell 2.4%, and Hong Kong's Hang Seng gained 0.2%. On Thursday, the S&P 500 fell 1.2% and the Nasdaq composite tumbled 2.6%, though most U.S. stocks rose. Nvidia dropped 4.4% and CoreWeave fell 10.1% over debt worries, while the 10-year Treasury yield eased to 4.97% from 5.13%.
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AI stocks slid on Thursday and dragged markets worldwide lower, while oil prices hit their highest since May on worries about the war with Iran. The S&P 500 fell 1% and the Nasdaq composite 2% as of noon, after sharper losses in Asia, where South Korea's Kospi dropped 3.5%. Nvidia fell 3.7%, Meta lost 5.4% despite stronger-than-expected revenue, and Lam Research tumbled 10% even though its results slightly beat forecasts. Brent crude rose 2.2% to $111.19, and U.S. Treasury yields fell, with the 10-year dropping to 5.00% as investors sought safer assets. Worries about costly AI borrowing and high stock prices remain, while France's CAC 40 fell 1.4% as French bond yields climbed on debt worries.
- US stocks nudge higher as SpaceX, Tesla and Nvidia climb
U.S. stocks drifted higher on Wednesday as strong profit reports from SpaceX and Capital One offset disappointing updates from Netflix and AT&T. As of 10:15 a.m. ET, the S&P 500 was virtually unchanged, the Dow was down 30 points (0.1%) and the Nasdaq rose 0.4%. SpaceX jumped 11.1% after posting a stronger-than-expected profit, and Elon Musk said the company had taken a step toward considering a possible merger with Tesla, whose shares rose 3.3%. Netflix fell 4.2% despite a stronger profit because its revenue forecast for the final quarter fell short, while AT&T dropped 5.6% on a growth outlook that missed expectations. The 10-year Treasury yield eased to 5.09% but remains far above its 3.97% level before the war with Iran, and Brent crude added 0.2% to $108.96 a barrel.
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