U.S. index futures pointed to a lower open on Friday, with S&P 500 futures down 0.4 percent after Thursday's sell-off. Concerns about the AI trade and crude oil back above $100 a barrel amid Middle East supply worries are weighing on sentiment. Traders are awaiting the Fed's policy decision next Wednesday, which is widely expected to leave rates unchanged, along with earnings from Amazon, Microsoft and Alphabet. On Thursday the Nasdaq plunged 694.00 points or 2.6 percent to 26,008.86, and the S&P 500 slumped 93.74 points or 1.2 percent to 7,663.43, while the Dow closed up 11.89 points at 52,867.98. Meta fell 7.1 percent despite better-than-expected revenue, Tesla dropped 3.4 percent, and the Philadelphia Semiconductor Index plummeted 6.7 percent.
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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 | 704.47 |
| Change that session | -2.86% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/22/2026 | 763.96 |
| Change that session | -1.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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