US stocks today: US stocks slide as AI spending jitters hit Nasdaq, oil prices rebound

Economic Times - Oct 22, 2026

US stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Meta earnings failed to ease AI-related jitters, while rising oil prices added to market pressure. The Nasdaq fell 1.48%, while the S&P 500 and Dow also declined at the open.

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