News summaryBenzingaOct 16, 2026, 12:00 PM
Nasdaq 100 Slides As Micron, SanDisk, CoreWeave Sink: Stock Market Today
CRWVMUQQQSNDKaicommoditiescryptomacroartificial_intelligenceinterest_ratesinflationequity_marketsconsumer_technologycryptocurrency_marketsmacro_economics
The Nasdaq 100 fell 1.5% at midday Friday as memory chips and AI-debt names sold off, while Fed Chair Warsh declined to rule out an October hike after hot CPI and PPI. WTI held near $96, the 10-year yield hovered around 5.1%, gold bounced toward $4,200 and bitcoin traded near $81,300.