Veytics Intelligence
2026-10-16 · NASDAQ

Stock Market Today, Oct. 16: Tech Stocks Plunge as AI Software Valuations Reverse

The S&P 500 (SNPINDEX:^GSPC) fell 1.07% to 7,661 as AI-related software stocks faced a sharp reversal, while the Nasdaq Composite (NASDAQINDEX:^IXIC) plummeted 2.15% to 26,140 on broad technology selling, and the Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.34% to

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