US economy: latest events
3 events since 14 Oct 2026, across United States of America. Last update 23 Oct 2026, 03:13 UTC.
● New
Nasdaq falls 2.6% as AI spending worries drag US stocks lower
US stocks fell sharply on Thursday, led by steep drops in AI-related shares. The S&P 500 lost 1.2%, its worst day since July, while the tech-heavy Nasdaq fell 2.6%. Oil prices also reached their highest level since May on worries about the war with Iran. Debate continues over whether AI is a bubble.
- The S&P 500 fell 1.2%, its worst day since July.
- The Nasdaq dropped 2.6% on sharp declines in AI stocks.
- Oil hit its highest level since May amid worries about the war with Iran.
- Investors are fretting over AI spending and whether the sector is a bubble.
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Story so far
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● New
Nasdaq falls 2.6% as AI spending worries drag US stocks lower
US stocks fell sharply on Thursday, led by steep drops in AI-related shares. The S&P 500 lost 1.2%, its worst day since July, while the tech-heavy Nasdaq fell 2.6%. Oil prices also reached their highest level since May on worries about the war with Iran. Debate continues over whether AI is a bubble.
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● New
S&P 500 has worst day since July as AI stocks slump and oil climbs
US stocks fell sharply on Thursday, led by steep drops in AI-related shares. The S&P 500 lost 1.2%, its worst day since July, and the Nasdaq tumbled 2.6%. Oil prices rose to their highest level since May on worries about the war with Iran, and markets fell lower worldwide.
AI stocks slump drags markets lower worldwide as oil climbs on Iran…
Written by Claude from the reports on this page and on the map. Check the linked sources for full details.
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23 Oct 2026
22 Oct 2026
14 Oct 2026
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