CA
NZ
UK
AU
IND
US
● The 10-year Treasury yield closed near 5.1, and the 2-year fell for a third week.
● The Nasdaq's heavy chip, software and AI infrastructure mix explained its steeper slide.
ATA Creativity Global (NASDAQ:AACG) was among the standout gainers in the US session on Friday, October 16, 2026, closing at $0.954, up 50.76%. The advance came on a day defined by a pronounced selloff in technology, artificial-intelligence and semiconductor shares, with the Nasdaq Composite …
● The Fear & Greed Index stood at 30, down from 35 a week earlier.
● BMO, Bank of America and Goldman Sachs trimmed American Airlines price targets.
● The reports described a steep jump from the prior quarter.
Archimedes Tech SPAC Partners II Co (NASDAQ:ATII), closed at $9.29 on Friday, October 16, 2026, a gain of 4.85% on the day. The advance stands out mainly because it ran counter to the broader tone of the session, which was decisively risk-off. US equity …
● Goldman earned $17.01 a share versus $13.42 expected; JPMorgan and Bank of America missed.
● One commentator argued AI stocks are splitting between self-funders and companies that must borrow.
● Higher long-term yields cut the present value of distant profits for clinical-stage companies.
Please wait processing your request...