StocksMedium•8 October 2026•
1 min read
Nasdaq Drops 1.24% as AI Stocks and Oil Prices Weigh on Markets
Key Facts
1The Nasdaq Composite closed down 1.24% at 27,197.10 points on Thursday.
2The S&P 500 lost 0.46% while the Dow Jones held steady amid inflation concerns.
The Nasdaq Composite closed down 1.24% at 27,197.10 points on Thursday, October 8, 2026. Invezz reported that US technology stocks led the market decline, driven by a sell-off in artificial intelligence equities and surging energy costs.
The S&P 500 lost 0.46% while the Dow Jones held steady, highlighting investor concerns regarding persistent inflation and interest rate trajectories. Regarding related instruments, NDAQ closed at $91.93 on October 7, 2026, after trading between a day low of $90.41 and a high of $92.14.