Stock Market Today: Deepening Tech Selloff Pushes NASDAQ Toward Its Worst Month in over a Year

Dow Jones03:02

The tech selloff is intensifying after results from Amazon and Intel compounded worries around the artificial intelligence trade.

The Nasdaq composite slumped more than 3%, while the S&P 500 lost 2.2% and the Dow industrials retreated more than 1%, or 630 points. For the tech-heavy Nasdaq, the selloff of the past two days has set the index up for its worst month since March 2025 and put it about 8.5% below its record high.

Shares of Amazon dropped about 2%; its earnings were in line with the company's forecasts-and showed booming cloud-computing growth-but left the market wanting more. Intel shares, meanwhile, are having their worst day ever, down 30% after the memory-chip crunch and other hiccups weighed on PC sales.

The AI worry comes with a side order of crypto angst in the wake of a massive cyberattack on Binance. Bitcoin and other cryptocurrencies are trading lower after hackers made off with an estimated $6.3 billion from an attack on the crypto exchange. Binance suspended transactions and said users will be made whole.

Meanwhile, oil is up after more strikes in the Middle East and Russia. Brent crude climbed to about $113 after a tanker transiting the Strait of Hormuz came under attack, according to U.K. Maritime Trade Operations. Ukraine struck an oil refinery in Russia, ending a pause that the Trump administration had pushed for.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2679242391?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-31 03:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2679242391","market":"sg","top_or_hot":-1,"title":"Stock Market Today: Deepening Tech Selloff Pushes NASDAQ Toward Its Worst Month in over a Year","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  The tech selloff is intensifying after results from Amazon and Intel compounded worries around the artificial intelligence trade. \n</p>\n<p>\n  The Nasdaq composite slumped more than 3%, while the S&amp;P 500 lost 2.2% and the Dow industrials retreated more than 1%, or 630 points. For the tech-heavy Nasdaq, the selloff of the past two days has set the index up for its worst month since March 2025 and put it about 8.5% below its record high. \n</p>\n<p>\n  Shares of Amazon dropped about 2%; its earnings were in line with the company's forecasts-and showed booming cloud-computing growth-but left the market wanting more. Intel shares, meanwhile, are having their worst day ever, down 30% after the memory-chip crunch and other hiccups weighed on PC sales. \n</p>\n<p>\n  The AI worry comes with a side order of crypto angst in the wake of a massive cyberattack on Binance. Bitcoin and other cryptocurrencies are trading lower after hackers made off with an estimated $6.3 billion from an attack on the crypto exchange. Binance suspended transactions and said users will be made whole. \n</p>\n<p>\n  Meanwhile, oil is up after more strikes in the Middle East and Russia. Brent crude climbed to about $113 after a tanker transiting the Strait of Hormuz came under attack, according to U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. Maritime Trade Operations. Ukraine struck an oil refinery in Russia, ending a pause that the Trump administration had pushed for. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Market Today: Deepening Tech Selloff Pushes NASDAQ Toward Its Worst Month in over a Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Market Today: Deepening Tech Selloff Pushes NASDAQ Toward Its Worst Month in over a Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-10-31 03:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  The tech selloff is intensifying after results from Amazon and Intel compounded worries around the artificial intelligence trade. \n</p>\n<p>\n  The Nasdaq composite slumped more than 3%, while the S&amp;P 500 lost 2.2% and the Dow industrials retreated more than 1%, or 630 points. For the tech-heavy Nasdaq, the selloff of the past two days has set the index up for its worst month since March 2025 and put it about 8.5% below its record high. \n</p>\n<p>\n  Shares of Amazon dropped about 2%; its earnings were in line with the company's forecasts-and showed booming cloud-computing growth-but left the market wanting more. Intel shares, meanwhile, are having their worst day ever, down 30% after the memory-chip crunch and other hiccups weighed on PC sales. \n</p>\n<p>\n  The AI worry comes with a side order of crypto angst in the wake of a massive cyberattack on Binance. Bitcoin and other cryptocurrencies are trading lower after hackers made off with an estimated $6.3 billion from an attack on the crypto exchange. Binance suspended transactions and said users will be made whole. \n</p>\n<p>\n  Meanwhile, oil is up after more strikes in the Middle East and Russia. Brent crude climbed to about $113 after a tanker transiting the Strait of Hormuz came under attack, according to U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. Maritime Trade Operations. Ukraine struck an oil refinery in Russia, ending a pause that the Trump administration had pushed for. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2679242391","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2679242391","pubTimestamp":1793386920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The tech selloff is intensifying after results from Amazon and Intel compounded worries around the artificial intelligence trade.The Nasdaq composite slumped more than 3%, while the S&P 500 lost 2.2% ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"今日股市：科技抛售加深推动纳斯达克陷入一年多来最糟糕的一个月","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/99b949ed960799956d81630c6fc5c431","symbols_score_info":{"TQQQ":0.6,"SQQQ":0.6,"TQQY":0.6,"PSQ":0.6,"IYW":0.6,"QYLG":0.6,"QQQE":0.6,"GPIQ":0.6,"QDTE":0.6,"NQmain":0.6,"FTEC":0.6,"QLD":0.6,"QQQM":0.6,"MNQmain":0.6,".IXIC":1.5,"QID":0.6,"QQQY":0.6,"JEPQ":0.6,"QQQA":0.6,"03086":0.6,"QQQ":0.6,"ONEQ":0.6,"QQQJ":0.6,"NDX":0.6,"TECS":0.6},"content_text":"The tech selloff is intensifying after results from Amazon and Intel compounded worries around the artificial intelligence trade. \n\n\n  The Nasdaq composite slumped more than 3%, while the S&P 500 lost 2.2% and the Dow industrials retreated more than 1%, or 630 points. For the tech-heavy Nasdaq, the selloff of the past two days has set the index up for its worst month since March 2025 and put it about 8.5% below its record high. \n\n\n  Shares of Amazon dropped about 2%; its earnings were in line with the company's forecasts-and showed booming cloud-computing growth-but left the market wanting more. Intel shares, meanwhile, are having their worst day ever, down 30% after the memory-chip crunch and other hiccups weighed on PC sales. \n\n\n  The AI worry comes with a side order of crypto angst in the wake of a massive cyberattack on Binance. Bitcoin and other cryptocurrencies are trading lower after hackers made off with an estimated $6.3 billion from an attack on the crypto exchange. Binance suspended transactions and said users will be made whole. \n\n\n  Meanwhile, oil is up after more strikes in the Middle East and Russia. Brent crude climbed to about $113 after a tanker transiting the Strait of Hormuz came under attack, according to U.K. Maritime Trade Operations. Ukraine struck an oil refinery in Russia, ending a pause that the Trump administration had pushed for.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.52.1","shortVersion":"4.52.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2679242391","isCrawlerRequest":true}