The slump in stocks coincided with a surge in the energy market, where US oil prices climbed above $96 per barrel. These compounding pressures extended a broader downward trend across American equity indices that had begun in the afternoon.
Tuesday, October 20, 2026
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Nasdaq 100 Loss Widens to 1.6% on Rising Inflation
US Markets6 days ago
Investors sold off shares in the tech sector on Tuesday as borrowing costs increased. The Nasdaq 100 accelerated its decline to a loss of 1.6%, deepening a 1% drop recorded earlier in the session after hot inflation data pushed Treasury yields higher.
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