Market Report - US Close

US close: Stocks mixed as AI spending fears hit tech, oil surge weighs on sentiment

By Iain Gilbert

Date: Thursday 22 Oct 2026

(Sharecast News) - Major indices closed mostly lower on Thursday as renewed concerns over heavy AI spending weighed on sentiment and oil prices jumped amid rising geopolitical tensions.
At the close, the Dow Jones Industrial Average was up just 0.02% at 52,867.98, while the S&P 500 shed 1.21% to 7,663.43 and...

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