SOXQ

The Nasdaq fell 2.6% as Meta’s higher capex floor revived doubts about AI spending, dragging chip stocks and hyperscalers lower. Lockheed Martin, Spotify and Procter & Gamble rallied, the 10-year yield dropped below 5%, and Brent oil climbed above $113.

Tech stocks fell as worries about AI spending hit Wall Street, but Gene Munster says the AI wave is still early, pointing to Meta’s Muse as a potential game‑changer.

France’s 10-year borrowing cost climbed to more than 1.5 percentage points over Germany’s on Tuesday. It's the widest risk premium to own French government debt since 2012. Read more here.

With yields near the highest in 20 years, US stocks appear to have taken higher rates in stride. Large caps were only slightly lower in September. The resilience was due to strength in tech.

Geopolitical tensions are increasingly reshaping the global economy. Learn why geopolitical fragmentation is reshaping the global economy and increasing the focus on resilience.

Broadcom’s shares jumped 3% in premarket trading as the tech sector rebounds, with analysts noting key technical levels.

The AI market faced turbulence last week as concerns grew about the industry’s growth rate.