What's Moving Markets Today? -- WSJ
Dow Jones2026/10/22 16:08By Vicky Ge Huang
The Nasdaq composite led major indexes lower Thursday as investors shed some riskier assets such as tech stocks in favor of bonds, driving Treasury yields lower.
-- Oil rises: Oil prices moved higher after fresh strikes on Saudi Arabia and U.S.-Israeli plans for renewed attacks on Iran. Brent crude futures, the global benchmark, are on track to settle at their highest level since May.
-- AI selloff: Major artificial-intelligence stocks are down as investors questioned the sustainability of the debt-fueled AI buildouts. Meta led losses among the so-called hyperscalers, while the PHLX Semiconductor index also dropped.
-- Treasurys fall: Treasury yields fell sharply as investors sought safety. The 10-year yield dropped below 5%.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 22, 2026 12:08 ET (16:08 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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