A broad tech sell-off pushed US stocks lower Friday, with the S&P 500 down 1.1% and the Nasdaq down 2.1%, capping the market's worst week since late June. Chip stocks led the declines, with Micron down 5.6%, AMD 6%, Broadcom 4.5% and Intel 5.8%, as investors worry AI spending may not last given companies' reliance on debt. The 10-year Treasury yield held at 5.09%, and CME data showed December rate-hike odds at 74.3%, up from 50.2% a month ago. Fed Chairman Kevin Warsh gave no new signals on rates in Bangkok. Brent crude rose 3.7% to $109.86 a barrel amid the Iran war and Strait of Hormuz concerns.
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Related tickers and likely impact
QQQ
▲ Likely positiveInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/15/2026 | 728.00 |
| Change that session | -0.13% |
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/15/2026 | 771.79 |
| Change that session | +0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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