The Nasdaq Composite fell 2.14% on Friday to 26,140.03 and 4.5% on the week, its worst since late June, while Brent crude touched about $110 a barrel for the first time since May and the Dow finished the week up 0.7%. Alain Guillot market recap
Alain GuillotStock Market Recap — October 16, 2026 - Alain GuillotFriday | Technology stocks tumble, oil approaches $110, and the Nasdaq suffers its worst week since June
The week combined hotter-than-expected CPI and PPI readings, an eight-session chip-stock slide and doubts about AI infrastructure spending. Which of those do you think matters most for what comes next?
Update: South Korea's Kospi fell 3.7% on AI worries and Brent crude topped $111 on Tuesday, as a weak Korean IPO debut added to concerns over AI infrastructure valuations. CoinDesk
coindesk.comElice’s weak debut fuels AI concerns as oil prices climbElice’s debut slump added to concerns over AI infrastructure valuations, while rising oil prices compounded market uncertainty.
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