We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Wall Street ended lower on Friday as technology stocks dragged the market and market participants assessed economic data. The Nasdaq Composite, the Dow and the S&P 500 ended in negative territory. However, last week, these indexes finished mixed.
How Did the Benchmarks Perform?
The Dow Jones Industrial Average (DJI) fell 0.3%, or 175.28 points, to close at 52,002.41. Sixteen components of the 30-stock index ended in negative territory and fourteen ended in positive territory.
The tech-heavy Nasdaq Composite declined 2.1% to close at 26,140.03.
The S&P 500 lost 1.1% to end at 7,659.44. Out of the 11 broad sectors of the broad-market index, five ended in negative territory, while six were in positive territory. The Communication Services Select Sector SPDR (XLC), the Information Technology Select Sector SPDR (XLK) and the Consumer Discretionary Select Sector SPDR (XLY) fell 2.5%, 2.5% and 1.2%, respectively, while the Energy Select Sector SPDR (XLE) rose 2.5%.
The fear gauge, the CBOE Volatility Index (VIX), increased by 21.45% to 19.99. The S&P 500 posted 19 new 52-week highs and one new low. The Nasdaq Composite recorded 49 new highs and 263 new lows.
AI Debt and Oil Prices Weigh on Markets
Inflation and corporate debt remain a market concern. In technology, companies are pouring money into AI-enabled infrastructure. On the opposite side of the market, energy stocks surged as tensions around the world propelled oil upwards. WTI crude futures increased 2.6% to $99.02 per barrel. Brent crude futures are up 3.72% to $109.86 per barrel.
In economic data released on Friday, U.S. industrial production increased in September by 0.7%, surpassing analysts’ expectations of a rise of 0.4%. Manufacturing output rose 0.3% in September. Capacity utilization also increased for the month to 76.9%
Weekly Roundup
The Dow rose 0.7% for the week, while the S&P 500 fell 1.9% and the Nasdaq Composite dropped 4.5%.
View the Zacks #1 Rank List
Image: Bigstock
Stock Market News for Oct 19, 2026
Wall Street ended lower on Friday as technology stocks dragged the market and market participants assessed economic data. The Nasdaq Composite, the Dow and the S&P 500 ended in negative territory. However, last week, these indexes finished mixed.
How Did the Benchmarks Perform?
The Dow Jones Industrial Average (DJI) fell 0.3%, or 175.28 points, to close at 52,002.41. Sixteen components of the 30-stock index ended in negative territory and fourteen ended in positive territory.
The tech-heavy Nasdaq Composite declined 2.1% to close at 26,140.03.
The S&P 500 lost 1.1% to end at 7,659.44. Out of the 11 broad sectors of the broad-market index, five ended in negative territory, while six were in positive territory. The Communication Services Select Sector SPDR (XLC), the Information Technology Select Sector SPDR (XLK) and the Consumer Discretionary Select Sector SPDR (XLY) fell 2.5%, 2.5% and 1.2%, respectively, while the Energy Select Sector SPDR (XLE) rose 2.5%.
The fear gauge, the CBOE Volatility Index (VIX), increased by 21.45% to 19.99. The S&P 500 posted 19 new 52-week highs and one new low. The Nasdaq Composite recorded 49 new highs and 263 new lows.
AI Debt and Oil Prices Weigh on Markets
Inflation and corporate debt remain a market concern. In technology, companies are pouring money into AI-enabled infrastructure. On the opposite side of the market, energy stocks surged as tensions around the world propelled oil upwards. WTI crude futures increased 2.6% to $99.02 per barrel. Brent crude futures are up 3.72% to $109.86 per barrel.
Consequently, shares of energy companies rose. Chevron Corporation (CVX - Free Report) shares were up 2.6%. Chevron currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Economic Data
In economic data released on Friday, U.S. industrial production increased in September by 0.7%, surpassing analysts’ expectations of a rise of 0.4%. Manufacturing output rose 0.3% in September. Capacity utilization also increased for the month to 76.9%
Weekly Roundup
The Dow rose 0.7% for the week, while the S&P 500 fell 1.9% and the Nasdaq Composite dropped 4.5%.