Markets Watch
Why is the market down today? Chip rout sinks Nasdaq 2.1%, worst week since June
The Nasdaq fell 2.1% and the S&P 500 1.1% on October 16, 2026 as chip stocks slid, leaving both with their worst week since June; the Dow ended the week up 0.7%.
17 Oct 2026, 07:51 IST