💼 5 PM · While you worked
Nasdaq drops 2.1% as tech sell-off deepens
The S&P 500 fell 84.62 points, or 1.1%, to 7,659.44 on Friday. The Nasdaq dropped 572.99 points, or 2.1%, to 26,140.03, and the Dow lost 175.28 points, or 0.3%, to 52,002.41. Chipmakers led the decline as investors questioned how long the AI infrastructure boom will last and as bond yields rose. Energy stocks gained with oil prices elevated.
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Sources
- AP via BNN Bloomberg: U.S. stocks weighed down by extended tech sell-off
- TheStreet: Stock Market Today, Oct. 16, 2026
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