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Nasdaq closes at 26,008 (-2.6%) as oil hits $116 and the 10-year yield tests 5%

FROM THE WIRE · FINANCEFEEDS.COM

The Nasdaq Composite ended Thursday, October 22, at 26,008.86, down 694 points or 2.6%, as a sharp selloff in semiconductor and artificial intelligence stocks

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishSharp drop in the tech index led by semiconductors and AI stocks, with oil and yields rising.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Nasdaq Composite ended Thursday, October 22, at 26,008.86 points.
  2. 02The index fell 694 points, or 2.6%, on a sharp selloff in semiconductor and AI stocks.
  3. 03Oil hit $116 and the 10-year yield tested 5%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NASDAQ CompositeINDEX:IXICIndex25,961.29-0.10%today -0.18%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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