Dow slips 0.34% as chipmaker selloff drags Nasdaq down 2.14%
The gist
The Dow fell 175.28 points, or 0.34%, to 52,002.41 as chipmakers slid an eighth day.
The Dow still gained 0.7% for the week while the Nasdaq fell over 4%.
How it unfolded
- Oct 15, 2026The Dow edged higher as a tech sell-off pivoted.
- Oct 16, 2026Chipmakers fell for an eighth straight day, the longest slide since 2008; the S&P 500 lost 1.1% and the Nasdaq 100 had its worst week since the April 2025 tariff turmoil.
- Oct 16, 2026The S&P 500 dropped 1.09% to 7,659.44, the Nasdaq Composite tumbled 2.14% to 26,140.03, and the Dow slipped 175.28 points, or 0.34%, to 52,002.41; the Cboe Volatility Index climbed above 22 for the first time in four months.