At the close, the Dow fell 1.23% as oil surged, while the Nasdaq nearly held flat after Thursday's A I rout.
CAMS Closing Market Recap.
Friday, October 23, 2026.
Good afternoon.
At the close, the Dow fell 1.23% as oil surged, while the Nasdaq nearly held flat after Thursday's A I rout.
The S and P 500 lost 0.52%, and the Russell 2000 fell 0.29%.
Eight of 11 tracked sector funds declined.
Energy rose 2.60%, while technology gained 0.49% and real estate added 0.12%.
Consumer staples, communication services and consumer discretionary were the weakest sectors.
Semiconductors rebounded.
The equal-weight S and P fund fell 0.77%, more than the cap-weighted S and P fund.
The Nasdaq ended with 61 new 52-week highs and 299 new lows.
The Nasdaq 100 fund traded 26.6 million shares against its 36.8 million 20-day average.
W T I crude rose 3.78% to $103.23 a barrel, and Brent reached $116.66.
Reuters tied the energy jump to Middle East supply concerns after Houthi attacks in Saudi Arabia.
Gold fell 1.25% to $4,009.60 an ounce.
The 10-year Treasury yield was 4.999%, and the 2-year yield was 4.686%.
The dollar index and the V I X both rose.
The flash S and P Global composite P M I eased to 57.6 from 58.4.
Selling prices rose at the fastest pace since August 2022 as oil, fuel, freight and other costs climbed.
The Federal Reserve did not announce a policy decision today, and its next meeting is October 27 and 28.
Company moves were sharp.
A T and T and T-Mobile fell sharply after a report raised concern about possible SpaceX wireless competition.
Crown Castle and American Tower rallied.
S L B gained after beating third-quarter profit estimates.
Bloom Energy and Comfort Systems fell, even after positive results.
CAMS monitoring flagged oil, credit and A I stress for fresh research.
The session did not repeat Thursday's technology collapse, but it did not produce broad relief.
Next week's Fed decision will test whether higher energy costs and A I financing concerns keep leadership narrow.
Market analysis, not personalized investment advice.
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