US markets are weighed down by an extended sell-off in the tech sector
Big tech and chip stocks led the decline as the S&P 500 and Nasdaq posted their worst week since June, while Brent crude climbed 3.7%.
10 Articles
10 Articles
How major US stock indexes fared Friday 10/16/2026 – WTOP News
Stocks closed lower on Wall Street as more drops for big tech companies weighed on the market. The S&P 500 lost 1.1% Friday, and the Nasdaq composite sank 2.1%. Both posted their worst week since June. The Dow Jones Industrial Average didn’t do as badly, and fell 0.3%. Chip companies pulled back some more as...
(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 16th (local time), major indices of the U.S. New York stock market fell across the board.
US markets are weighed down by an extended sell-off in the tech sector
Stocks fell on Wall Street Friday as another pullback in big technology companies weighed on the market.The S&P 500 was down 1.2% as of 3:14 p.m. Eastern time and on track for a weekly loss. The benchmark index pulled further below the all-time high it set last week. The Dow Jones Industrial Average fell 240 points, or 0.5%.The Nasdaq composite was down 2.2% and headed for its first weekly loss in five weeks. Weakness for AI stocks has been a ma…
THE CLOSING BELL: US markets are weighed down by an extended sell-off in the tech sector
By ALEX VEIGA AP Business Writer Stocks closed lower on Wall Street as more drops for big tech companies weighed on the market. The S&P 500 lost 1.1% Friday, and the Nasdaq composite sank 2.1%. Both posted their worst week since June. The Dow Jones Industrial Average didn’t do as badly, and fell 0.3%. Chip companies pulled back some more as worries deepened about how long the frenzy over the AI buildout will last. Micron Technology fell 5.6% and…
After oil prices began to climb, Friday's fall was harder for stocks on the Nasdaq stock exchange.
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