Stock Market Weekly update -Oct 18, 2026
We got a big pullback in the indexes last week, with the Nasdaq100 losing over 5%, though the Dow was up for a 2nd week! The Semis lost almost 12%, with INTC dropping for a 3rd week, after the previous week’s huge drop, and CRWV lost around 25%. The Korea Stock Index (EWY) dropped 14% for the week following a drop from the prior week. CPI & PPI reports both came in with higher inflation numbers. V, MA, ABBV, and VLO popped for a 2nd week hitting more all time highs. BAC dropped, Long term Interest rates pulled back for a 2nd week, and Oil had a big rally. Nasdaq slides 2% Friday to post worst week since June, pressured by AI sell-off and oil prices Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineries The week ahead: 2nd week of earnings. TSLA,META, & more Also, Rates have dropped for 2 weeks -lets see what this week brings. Schwab Weekly Trader's Outlook Edward Jones recap 10 year Interest rate...