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Inflation anxiety drags on AI stocks for a second day as markets point to a mixed open
Investors trimmed AI shares as inflation fears kept pressure on major tech names and left markets pointing to a mixed start, analysts said.
- Artificial intelligence stocks extended their decline on Thursday as investors weighed inflation concerns and the prospect of additional interest rate hikes before year-end.
- Inflation figures released Wednesday showed prices remain well above the Federal Reserve's 2% target, putting another potential interest rate hike in play before year-end.
- In early trading, Advanced Micro Devices retreated 3.1% and Nvidia fell 1.6%, while CoreWeave slid another 3.8% after tumbling 15.5% a day earlier.
- Asian markets faced significant pressure, with South Korea's Kospi index dropping 7.6% and Japan's Nikkei 225 falling 4.9%, as SK Hynix plunged 11.1% and SoftBank Group lost 9.3%.
- Lorraine Tan, director of equity research for Asia at Morningstar, warned of a "mismatch between the market's growth expectations for the tech sector and what may eventuate.
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13 Articles
S&P 500 Slips 0.5% Despite 71% Positive Breadth as AI Shares Sink
New York, October 15, 2026, 09:56 (EDT) U.S. stocks split sharply after Thursday’s opening bell. The S&P 500 fell about 0.5%, while the Nasdaq Composite lost roughly 1.2%. The Dow rose about 269 points, or 0.5%, in the first verified snapshot. Yet 355 of 499 priced S&P constituents were higher minutes later, according to a…
The New York stock market on the 15th (local time) as concerns over excessive investment by artificial intelligence (AI) companies and inflationary pressures in the U.S. came to the fore.
US index futures indicated a mixed opening on Wall Street on Thursday with a continued decline in technology stocks.
Coverage Details
Total News Sources13
Leaning Left3Leaning Right0Center7Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
L 30%
C 70%
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