Week of Monday, October 19, 2026

Meta shares sank nearly 7% after AI spending pushed free cash flow negative, and chip stocks fell hard on Thursday. The 10-year Treasury yield ended Monday's session at 5.15%, up 6 basis points from Friday, and finished Wednesday at 5.13%, up 1 basis point. Tuesday saw the Dow close 500 points higher while the Nasdaq gave up gains ahead of SpaceX earnings, which sent shares surging and lifted other AI stocks. Salesforce announced a $5.66 billion deal for Braze, sending that stock soaring 51%. The 10-year Treasury yield has dropped back to 5% this week, with investors seeking cover from AI worries. Friday's final reading of UMich consumer sentiment at 10:00 AM ET is the next scheduled data release.

Monday’s stocks closed mostly higher, led by a big bounce in the tech sector as investors weighed fresh anxiety over the Treasury’s financing plans and a warning from the riskiest junk bonds, and the 10‑year Treasury yield finished at 5.15% according to U.S. Treasury data. On Tuesday the Dow rose about 500 points while the Nasdaq gave up gains after SpaceX earnings lifted AI stocks and Salesforce’s $5.66 billion acquisition of Braze sent its shares sharply higher. Wednesday saw oil stay firm amid continued outflows from the Persian Gulf and the 10‑year Treasury yield edge up to 5.13% per U.S. Treasury data. Thursday the Nasdaq and S&P 500 fell sharply, the Dow was flat, and AI‑related angst prompted a near‑7% slide in Meta shares and broad chip‑stock weakness. The final UMich consumer‑sentiment reading will be released at 10:00 a.m. ET today.

Stocks closed sharply lower Thursday as AI-related angst returned to the market, with the Nasdaq and S&P 500 falling while the Dow finished flat. Meta shares sank nearly 7% after AI spending pushed free cash flow negative, while chip stocks fell hard. Earlier in the week, stocks closed mostly higher Monday on a tech-led bounce, as investors weighed fresh anxiety over the Treasury's financing plans, with the 10-year Treasury yield ending that session at 5.15%. Tuesday saw the Dow close 500 points higher while the Nasdaq gave up gains ahead of SpaceX earnings, and Salesforce announced a $5.66 billion deal for Braze. The 10-year Treasury yield ended Wednesday at 5.13%. On Thursday, the U.S. Treasury put the 10-year yield at 4.96%, down 17 basis points from Wednesday. Friday's final UMich consumer sentiment reading lands at 10:00 AM ET.

Stocks closed mostly higher Monday, fueled by a big bounce in the tech sector, as investors weighed fresh anxiety over the Treasury's financing plans and a warning from the riskiest junk bonds. Tuesday saw the Dow close 500 points higher while the Nasdaq gave up gains ahead of SpaceX earnings, which sent shares surging and lifted other AI stocks, and Salesforce announced a $5.66 billion deal for Braze. Wednesday brought oil again flowing out of the Persian Gulf, with the 10-year Treasury yield ending at 5.13%. Thursday, stocks closed sharply lower as AI angst returned, with the Nasdaq and S&P 500 ending well down while the Dow finished flat, and Meta sank nearly 7% after AI spending pushed free cash flow negative. The 10-year Treasury yield ended Thursday at 4.96%, down 17 basis points from Wednesday. Friday brings the final UMich consumer sentiment reading at 10:00 AM ET.

US stocks closed mostly higher Monday on a tech-sector bounce, as investors weighed fresh anxiety over Treasury financing plans and a warning from the riskiest junk bonds. Tuesday saw the Dow close 500 points higher while the Nasdaq gave up gains ahead of SpaceX earnings, which sent its shares surging and lifted other AI stocks; Salesforce announced a $5.66 billion deal for Braze, sending that stock soaring 51%. Wednesday's wrap focused on oil flowing again out of the Persian Gulf, with the 10-year Treasury yield closing at 5.13%, up 1 basis point. Thursday's session is in progress, with investors parsing a heavy batch of earnings: Meta outlined its AI monetization roadmap after a strong quarter, while Procter & Gamble reported higher sales. Jobless claims sit near the lowest since the 1960s, and Southwest Airlines cut its 2026 profit forecast on higher fuel. Friday brings the final reading of UMich consumer sentiment at 10:00 AM ET.

US stocks finished Monday mostly higher on a tech-led bounce, with the 10-year Treasury yield ending at 5.15%, up 6 basis points. Tuesday saw the Dow close 500 points higher while the Nasdaq gave up gains ahead of SpaceX earnings, which sent that stock surging and lifted other AI names; Salesforce announced a $5.66 billion deal for Braze, whose shares soared 51%. Wednesday's session ended with the 10-year yield at 5.13%, up 1 basis point, as oil continued flowing out of the Persian Gulf. US stock futures and Treasury yields are moving lower as tech-sector fears grip markets, with Barclays announcing plans to cut 5,000 jobs in an AI efficiency push and Brent crude topping $111 on Middle East worries. Friday's final UMich consumer sentiment reading is scheduled for 10:00 AM ET.

Stocks closed mostly higher Monday, lifted by a tech-sector bounce even as investors weighed fresh anxiety over the Treasury's financing plans and a warning from the riskiest junk bonds. Tuesday, the Dow closed 500 points higher while the Nasdaq gave up gains ahead of SpaceX's earnings, which sent its shares surging and lifted other AI stocks; separately, Salesforce's deal for Braze sent that stock soaring. On Wednesday, the 10-year Treasury yield rose 1 basis point to 5.13%. Friday's final UMich consumer sentiment reading, at 10:00 AM ET, is the week's next scheduled release.

US stocks closed mostly higher Monday, fueled by a big bounce in the tech sector, as investors weighed fresh anxiety over the Treasury's financing plans and a warning from the riskiest junk bonds. Tuesday saw the Dow close 500 points higher while the Nasdaq gave up gains ahead of SpaceX earnings, which sent shares surging and lifted other AI stocks. On Wednesday, the Nasdaq closed sharply higher while the Dow and S&P 500 rose, as Big Tech earnings season kicked off. The 10-year Treasury yield ended the week's first three sessions at 5.15% Monday, then fell to 5.13% Wednesday, up 1 basis point from Tuesday. Friday's final UMich consumer sentiment reading at 10:00 AM ET is the week's remaining scheduled release.

Stocks closed mostly higher on Monday, led by a tech bounce as investors weighed fresh anxiety over Treasury financing plans and a warning from the riskiest junk bonds. The Dow finished Tuesday up about 500 points, while the Nasdaq gave up earlier gains ahead of SpaceX's earnings; separately, Salesforce agreed to buy Braze for $5.66 billion, sending that stock soaring. Treasury yields slipped Tuesday, with the 10-year note at 5.12% (U.S. Treasury) and the 10-year-minus-2-year spread at 0.33 percentage points. US stocks are higher Wednesday as investors await Meta and Tesla earnings, with the Dow, S&P 500 and Nasdaq all up in trading, while United Airlines cut its 2026 profit outlook on fuel prices and UK inflation rose to 3.5%. Friday, October 23 will feature the final University of Michigan consumer-sentiment reading at 10:00 a.m. ET.

Monday’s close fueled by a big bounce in the tech sector as investors weighed fresh anxiety over the Treasury’s financing plans and a warning from the riskiest junk bonds. Tuesday saw the Dow close 500 points higher, while the Nasdaq gave up gains ahead of SpaceX earnings, which sent shares surging and lifted other AI stocks; Salesforce announced a $5.66 billion deal for Braze, sending that stock soaring 51%. The 10-year Treasury yield ended Monday at 5.15%, up 6 basis points from Friday, and stood at 5.12% at Tuesday’s close, per the U.S. Treasury. In Wednesday’s session so far, United Airlines slashed its 2026 profit outlook on fuel prices, French 10-year bond yields hit 5% for the first time since 2002, and SpaceX rose 8% in premarket after an earnings beat. The final UMich consumer sentiment reading lands Friday, October 23, with the Fed’s rate decision arriving Wednesday, October 28.