How major US stock indexes fared Friday 10/16/2026 The Associated Press Fri, October 16, 2026 at 4:17 PM EDT 1 min read ^GSPC -1.09% ^DJI -0.34% ^RUT -1.66% ^IXIC -2.14% MU -5.63% Trade MU on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Stocks closed lower on Wall Street as more drops for big tech companies weighed on the market.
The S&P 500 lost 1.1% Friday, and the Nasdaq composite sank 2.1%. Both posted their worst week since June. The Dow Jones Industrial Average didn't do as badly, and fell 0.3%.
Chip companies pulled back some more as worries deepened about how long the frenzy over the AI buildout will last. Micron Technology fell 5.6% and Intel lost 5.8%. European and Asian markets closed higher.
The S&P 500 fell 84.62 points, or 1.1%, to 7,659.44.
The Dow Jones Industrial Average fell 175.28 points, or 0.3%, to 52,002.41.
The Nasdaq composite fell 572.99 points, or 2.1%, to 26,140.03.
The Russell 2000 index of smaller companies fell 45.90 points, or 1.7%, to 2,721.37.
