See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Stock Market: Will S&P 500 Open Up or Down Today?
U.S. stock futures were trending higher early Monday, shrugging off “Black Monday” crash fears circulating on social media. Wall Street is bracing for a pivotal week of mega-cap tech earnings while geopolitical tensions in the Middle East continue.
- Four Reasons Wall Street Has Eyes On This S&P 500 Stock
- AI stocks lead rebound on Wall Street as European markets drop
AI stocks recovered part of last week's steep losses on Wall Street, while the broader U.S. market and global stocks stayed shaky. As of 10 a.m. Eastern, the S&P 500 rose 0.4% and the Nasdaq Composite gained 0.9%, while the Dow Jones fell 44 points, or 0.1%. European indexes dropped more than 1%, with Paris down 1.5%, after violent weekend protests raised the prospect of higher government spending and more pressure on bond markets. CoreWeave rose 0.6% after trimming an early 7% gain, and Nvidia added 0.6%, one of the strongest forces lifting the S&P 500. The 10-year Treasury yield rose to 5.10%, after topping 5.30% earlier this month, its highest level since 2002, while Brent crude fell 1.6% to $108.13 per barrel.
- Dow Futures Rise Despite 'Black Monday' Calls: Market Commentator Says Selloff Worries Are 'Overdone'
U.S. stock futures rose late Sunday, signaling a rebound from Friday's slide in the Nasdaq Composite, even as calls for a 'Black Monday' crash trended. The Kobeissi Letter called selloff worries 'overdone,' noting the S&P 500 has climbed from about 5,500 to around 7,650 since May 2025. It argues the index is in a 'stealth' bear market within a bull market, with 84% of its stocks at least 10% below record highs and just 10 stocks driving 70% of gains since the March low. S&P 500 futures rose 0.72% to 7,760 after the index closed 1.09% lower on Friday, while the Nasdaq Composite closed 2.14% lower. Polymarket priced a 7% chance of a U.S. recession by the end of 2026, while David Rosenberg said he sees better-than-even odds of a recession within a year.
- Japanese Market Sharply Lower
Japanese stocks fell sharply on Monday, reversing part of the previous session's gains after weak cues from Wall Street. The Nikkei 225 dropped 900.46 points (1.38%) to 64,423.83 after touching a low of 63,831.78, led by heavyweights and technology stocks, with Taiyo Yuden plunging more than 7% and SoftBank down more than 4%. On Wall Street, the Nasdaq fell 572.99 points (2.1%) to 26,140.03, the S&P 500 lost 84.62 points (1.1%) to 7,659.44, and the Dow slipped 175.28 points (0.3%) to 52,002.41. European markets rose, with Germany's DAX up 1%, the FTSE 100 up 0.4% and the CAC 40 up 0.3%. WTI crude for November delivery rose $3.33 (3.4%) to $101.30 a barrel, topping $100 for the first time in a month as Iran re-escalated attacks in the Strait of Hormuz.
- Wall Street freaked out Friday. VIX and bitcoin say the fear may fade Monday.
The VIX jumped 21.5% to 19.99 on Friday as the S&P 500 fell 1.09% amid worries over AI stocks and geopolitical tensions, its biggest one-day rise since June 5. In 32 earlier Friday spikes of 20% or more since January 1990, the VIX fell the following Monday 25 times and rose only seven times. Bitcoin stayed above $80,000 over the weekend, and its volatility index BVIV was just under 40%, showing no sign of market stress. However, the article notes nothing guarantees a calm Monday: the VIX kept climbing sharply on Monday in seven of those 32 cases, and it remains under 20 today.
Related markets
Latest news
- Has VinFast found the 'chicken' to solve Vietnam's auto industry's toughest dilemma?
Vietnam's auto industry has long been stuck in a chicken-and-egg dilemma: low output discourages suppliers from investing, while a weak supporting industry keeps costs high. The article argues that VinFast's growing output could create the stable demand suppliers have been waiting for. VinFast delivered 196,919 electric vehicles globally in 2025, up 102%, including 46,977 VF 3s, and in the first nine months of the year it delivered 42,272 VF 3s and 40,018 Limo Green vehicles in Vietnam alone. The company said it added 55 domestic suppliers and localized 108 component groups in one year, and opened supply opportunities for its plants in India and Indonesia. However, suppliers still need stable, long-term orders, as well as competitive quality, cost and logistics, before they can commit to new investment.
- Crushed tech stocks bounce — plus, new doctor survey keeps us positive on Lilly
U.S. stocks rose Monday as investors bought chip stocks after last week's sell-off, and the iShares Semiconductor ETF (SOXX) was on track to snap a nine-session losing streak, its worst since May 2006. The bounce was tepid: the Nasdaq rose 1%, while CoreWeave turned negative and fell to a new low for the year below $60 per share. Oil rose about $2 to around $103 per barrel, lifting inflation worries and pushing Treasury yields higher. Bank of America raised its price target on Eli Lilly to $1,397 from $1,341 after a physician survey suggested oral GLP-1 pills and Medicare coverage are expanding the obesity drug market, with Foundayo at 27% of U.S. oral GLP-1 new starts. Lilly reports Q3 earnings on Oct. 29.
- American Airlines Is Now Down 23% This Year: Is AAL Stock Dead Money or Due for a Bounce?
American Airlines shares are down 23% year to date at $11.87, lagging United (down 14%), Delta (up 8%), the U.S. Global Jets ETF (down 8%) and the S&P 500 (up 13%). Higher fuel costs drove the drop: in Q2 2026 revenue rose 16.3% to $16.7 billion, but aircraft fuel expense jumped 83.3% to $4.9 billion, operating margin fell to 2.7% from 7.9%, and net income dropped 88.2% to $71 million. Management cut its full-year adjusted outlook to a range from a loss of $0.65 to a profit of $0.65 per share, and guided to a Q3 adjusted loss of $0.70 to $0.10 per share. Premium revenue per unit rose 13.4% and managed corporate business grew 26%, but the company carries a stockholders' deficit of $3.97 billion and total debt of $34.7 billion. The article says the stock could rebound if fuel prices ease, and Q3 results are expected on October 22.
- Chevron Just Hit a Record High. Is the Stock Still a Buy?
Chevron hit a record closing high of $222.04 on Oct. 14 and is trading about a dollar below that, up 45% in 2026. Brent crude is just under $106, 46% above its level before the war in the Persian Gulf, and Chevron is positioned to benefit from a Venezuela deal giving the U.S. control of more than 65 billion barrels of proven reserves, as it was the only American major to keep operating there after 1999. The company is also expanding in the Eastern Mediterranean, with seismic work planned off Greece. Second-quarter net income reached $12.1 billion, nearly 400% above a year earlier, beating estimates by $0.50 a share at $6.06. The author believes the stock is still a buy, with 20 of 25 covering analysts rating it Buy or Strong Buy ahead of the Oct. 30 Q3 report.
- Carvana Is Now Down 31% This Year: Is CVNA a Toxic Stock or Ready to Rally?
Carvana shares are down 31% year to date at $58.11, while CarMax is up 34%, AutoNation is down 23%, and the SPDR S&P Retail ETF is up 3%. In Q2 2026 Carvana sold a record 197,325 retail units, up 38%, on $7.38 billion in revenue, but gross profit per unit fell $412 and adjusted EBITDA margin slipped to 10.4% from 12.4%. Long-term debt of $4.85 billion and rising benchmark rates also squeezed financing profit. The company raised its full-year 2026 adjusted EBITDA guidance to $2.7 billion to $3 billion and targets 3 million cars a year at a 13.5% adjusted EBITDA margin by 2030 to 2035. The article says the Q3 report due later this month will show whether profit per vehicle improves.
- Microsoft Walks Away From AI Data Center Deal, but SemiAnalysis Predicts 50-GW Boom in 2027
According to new research from SemiAnalysis, more than 24 gigawatts of data center capacity is already in advanced construction across 40 campuses, most of it expected to come online in 2027. The research firm forecasts 50 gigawatts of new capacity.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.