The stock market sank on October 22, 2026. The Nasdaq experienced the sharpest drop due to uncertainty about AI budgets. Oil prices showed a recovery, further hitting the stock market. AI stocks faced a significant decline, affecting global global stocks. The S&P/TSX composite was hit by a significant drop. U.S. stock markets experienced a drop. Major tech companies like Nvidia, Apple, and Microsoft were hit the hardest.
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