Veytics Intelligence
2026-10-23 · Troweprice

Global Markets Weekly Update - T. Rowe Price

AI investment concerns and rising oil prices drive volatility across markets Major U.S. stock indexes closed the week mixed as concerns about artificial intelligence (AI)-related spending and financing weighed on large-cap technology shares, while small-cap and value-oriented stocks outperformed amid a rotation in market leadership. The small-cap Russell 2000 Index led the major benchmarks, advancing 2.00%, followed by the Dow Jones Industrial Average, which gained 0.41%. Conversely, the Nasdaq Composite and S&P 500 Index shed 0.71% and 0.47%, respectively. In the large-cap universe, value stocks outpaced growth for the third consecutive week.

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