Wall St opens muted as tech jitters linger; Tesla gains
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/16/2026
- Wall St set for muted open as tech wobble persists; Tesla gains
- Oil heads for weekly gain with focus on Middle East supply
- Stay risk-off as higher real yields and AI volatility threaten stocks: BofA
- Apple’s first foldable iPhone sells out within minutes as preorders begin
- CoreWeave bond rout tests market's math on AI buildout
Tweet
Share
E-mail
FILE PHOTO: Signage is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., September 15, 2026. REUTERS/Jeenah Moon/File Photo
Oct 16 (Reuters) - Wall Street's main indexes opened largely muted on Friday as worries about cracks in the AI trade pressured semiconductor stocks, while gains in Tesla provided some support.
The Dow Jones Industrial Average rose 130.6 points, or 0.25%, at the open to 52,308.28. The S&P 500 rose 1.3 points, or 0.02%, at the open to 7,745.32, while the Nasdaq Composite dropped 60 points, or 0.22%, to 26,652.985 at the opening bell.
(Reporting by Purvi Agarwal in Bengaluru; Editing by Joyjeet Das)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- NY Fed service sector survey finds notable price pressures
- For fishermen, Britain's climate-driven octopus boom is an opportunity, and a threat
- IMF chief urges cooperation on AI and war risks, as US hails economic momentum
Create E-mail Alert Related Categories
ReutersRelated Entities
TeslaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
