US stocks swung from early-week gains to steep losses, with the Nasdaq falling 1.4% Thursday and nearly 3% Friday after weak tech earnings, ending the week down 2% and October down 5.3%. The S&P 500 dropped roughly 2% for the week while the Dow, buoyed by a shift into defensive stocks, lost under 1% weekly but gained 1.7% for the month. Chipmakers initially rallied on Anthropic's IPO filing and SK Hynix's record profit, but Intel's weak outlook sent its shares down more than 28% Friday, and Fed Chairman Kevin Warsh's hawkish comments on inflation added to investor unease.
cnbc.com
· 2026-10-31
The Federal Reserve is widely expected to leave its benchmark interest rate unchanged at its policy meeting, despite inflation picking up recently amid oil and gas price spikes linked to the Iran war. The decision comes less than a week before the midterm elections, in which affordability has been a dominant voter concern. Last month the Fed raised its key rate from about 3.6% to 3.9%, its first increase in three years.
fastcompany.com
· 2026-10-28
Investors are awaiting the Federal Reserve's 2pm ET rate decision, which officials are widely expected to keep unchanged, alongside a fresh batch of major technology company earnings reports. Policymakers have pointed to AI-driven demand alongside energy costs as factors pushing inflation higher. Futures were little changed ahead of the announcement and earnings releases.
cnbc.com
· 2026-10-28
Tech stocks extended gains for a second session, with optimism over Anthropic's planned Nasdaq listing continuing to lift AI-related shares in Asia, Europe and the US. Anthropic's S-1 filing reportedly spans more than 300 pages and outlines a governance structure giving founders outsized control relative to everyday shareholders. Separately, the Federal Reserve begins a two-day meeting today, with a policy decision due Wednesday at 2 p.m. ET.
cnbc.com
· 2026-10-27
An opinion piece by a payments executive argues that speeding up payment settlement does not automatically speed up a company's finance operations. Drawing on experience running Tyler Petroleum, the author notes that using multiple payment providers for different vendors created extra tracking and reconciliation burdens even as individual payments cleared faster. The piece cites the Federal Reserve's distinction between clearing (information movement) and settlement (fund movement) to explain why faster transfers can shift bottlenecks downstream to accounting teams.
entrepreneur.com
· 2026-10-18
The Nasdaq posted its worst weekly performance since June, falling 4.5% and ending a four-week winning streak, while the S&P 500 dropped 2%. The Dow Jones Industrial Average rose 0.7% as investors shifted toward healthcare and consumer staples. The decline accelerated after September's consumer price index rose 3.7% year-over-year and producer prices jumped 6.3% annually, the largest gain since 2022.
cnbc.com
· 2026-10-17
Speaking in a fireside chat with the IMF's managing director, Federal Reserve Chairman Kevin Warsh said Friday he would not prejudge the central bank's interest rate decisions at its upcoming October and December meetings. He reiterated that price stability remains a key priority but offered no new guidance on near-term policy moves.
fastcompany.com
· 2026-10-16
CNBC's Investing Club reports that its 32-stock portfolio has diverged sharply over the past five weeks, with AI-exposed names like Micron among the week's biggest losers and defensive stocks such as Cardinal Health among the top gainers. Since the group's Sept. 10 meeting, the Nasdaq is up 2.3% overall even as the Dow fell nearly 1%, while this week alone the Nasdaq dropped 2.5% amid a hot inflation report and renewed AI-stock weakness. CrowdStrike and Meta Platforms were cited as standout winners, up 19.4% and 14.4% respectively, driven by cybersecurity demand and AI-related product momentum.
cnbc.com
· 2026-10-15
US stock futures fell Thursday after a rough trading session, with investors again questioning returns on heavy AI spending. Separately, September's consumer price index came in hotter than expected, driven by rising energy costs, marking the 66th consecutive month inflation has topped the Federal Reserve's 2% target—the longest such run this century. Diesel prices also remain elevated ahead of the midterm elections despite a new US-Russia diesel agreement.
cnbc.com
· 2026-10-15
SK Hynix shares fell more than 10% and Samsung Electronics dropped 7.1% as an Asian tech sell-off spread Thursday, hitting LG Innotek, Seoul Semiconductor, Samsung SDI, SoftBank, Advantest, Tokyo Electron and Renesas. The rout followed a Wall Street decline after stronger-than-expected U.S. inflation data raised fears of further Federal Reserve rate hikes, with the Nasdaq down 1.88% and the S&P 500 down 1.11%.
cnbc.com
· 2026-10-15
CNBC's Jim Cramer said investors should resist pulling out of stocks despite a sharp selloff in which the S&P 500 fell about 1%, the Nasdaq dropped 1.9% and the Dow closed slightly lower. He cited a hotter-than-expected inflation report, swinging Treasury yields, rising oil prices tied to the Iran conflict, and mixed earnings from Morgan Stanley and ASML as evidence of the market's unpredictability.
cnbc.com
· 2026-10-14
The Department of Labor reported that the consumer price index increased 3.7% year-over-year in September, up from 3.4% in August, with monthly costs rising 0.6%, the sharpest increase in five months. Core prices, excluding food and energy, climbed 2.6% annually, up from 2.4% the prior month, driven partly by higher gas, clothing, and airfare costs.
fastcompany.com
· 2026-10-14
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