U.S. stock futures were little changed after Wall Street ended sharply lower, with the Nasdaq Composite falling 2.6% to 26,008.86 points, its steepest daily decline since June, on concerns about the cost and financing of AI investments. The S&P 500 lost 1.2% to 7,663.43, while the Dow Jones Industrial Average ended flat at 52,867.98 as investors moved toward more defensive sectors. Meta Platforms shares dropped nearly 7% after the company reported its first cash outflow in more than a decade, driven by AI-related spending, and Tesla fell about 3.1% after cutting its 2026 capital expenditure forecast. The Philadelphia Semiconductor Index dropped 6.7%, and Brent crude rose 4% to $113.17 a barrel, while the 10-year U.S. Treasury yield fell nearly 20 basis points to around 4.95%.
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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% |
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% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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