Market Report - US Close

US close: Stocks sharply lower as AI jitters deepen, oil prices surge

By Iain Gilbert

Date: Friday 23 Oct 2026

(Sharecast News) - Major indices closed sharply lower on Friday amid ongoing concerns that the artificial intelligence trade may be wavering and rising oil prices.
At the close, the Dow Jones Industrial Average was down 1.23% at 52,215.16, while the S&P 500 shed 0.52% to 7,623.68 and the Nasdaq Composite saw...

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