Stock Market Update

23-Oct-26 15:35 ET
Stocks lower ahead of busy earnings week
Dow -601.48 at 52266.71, Nasdaq -38.51 at 25990.79, S&P -35.96 at 7627.54

[BRIEFING.COM] The major averages remain under pressure entering the final half hour of trading, with the S&P 500 (-0.5%), Nasdaq Composite (-0.2%), and DJIA (-1.1%) all on track for a mostly lower finish to the week. The losses reflect a volatile stretch of trading marked by sharp shifts in market leadership, renewed scrutiny of AI-related investments, and rising geopolitical tensions.

Looking ahead, the third-quarter earnings season will accelerate further next week, with results from Amazon (AMZN 248.29, -2.09, -0.83%), Microsoft (MSFT 523.92, +2.84, +0.55%), and Alphabet (GOOG 317.94, -2.81, -0.88%) among the most closely watched. Their reports will be particularly important in shaping expectations for AI infrastructure spending and determining whether the recent selling pressure in technology stocks persists.

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