Wall Street Sells Off as Tech and AI Chips Lead a Broad Risk-Off Move, Energy and Metals Buck the Trend
Executive summary: Wall Street finished sharply lower in a session dominated by a steep tech-led selloff, with the Nasdaq Composite down -3.0% and the S&P 500 off -1.5%. AI and chip shares were hit hardest, while energy, gold, silver and platinum gained, pointing to a rotation out of growth and into defensive and commodity-linked assets. The Dow managed a small gain, but the broader message from the close was clear, investors reduced exposure to high-multiple technology and cyclicals as volatility widened. [Continue Reading]
360LiveNews Markets Intelligence | 19 Oct 2026 21:15 LONDON
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