Stock Market Today: Tech Stocks Rebound After Friday's Selloff -- WSJ
Dow Jones2026/10/19 18:55By Rebecca Feng
Tech stocks are staging a recovery.
After a bleak end to last week, the Nasdaq composite has jumped over 1%, while the Dow industrials and oil prices are muted. Treasury yields are moderately higher.
Some of the tech names beaten down the most last week are rallying hardest today. Intel is up 3.5% after its 14% decline last week. Micron and Marvell are up up more than 3%, while the PHLX Semiconductor index has advanced 2.5%.
In Europe, the picture is less rosy. Major stock indexes are in the red and French government bonds are selling off after nationwide cost-of-living protests spiraled out of control over the weekend.
The demonstrations underscored how hard it will be for any government to curb public spending, at a time when the country's debt is ballooning. Longer-dated French bonds are reversing what had been a nascent recovery over the past week, pushing up the government's borrowing costs. The euro has slipped against the dollar.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 19, 2026 14:55 ET (18:55 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Under election pressure, Trump launches another $8 billion diesel subsidy targeting votes in agricultural states
The Trump administration has announced the launch of an 8 billion USD "Harvest Fuel Relief Program," which will provide one-time subsidies to help farmers offset higher diesel costs resulting from tensions in the Middle East. The program distributes funds according to a unified formula and will only partially compensate for losses. Analysts point out that this move is a political measure aimed at consolidating agricultural state votes ahead of the midterm elections, and question the feasibility of the funding.
GBP/USD Price Forecast: Reflects strength above 20-day EMA ahead of UK job data
CoreWeave (CRWV.US) plunges 15%: Citi (C.US) says rate pressures hit Neocloud, Microsoft (MSFT.US) cash flow advantage stands out
CoreWeave plunged 15% in a single day, triggering market volatility. Citi analyst Tyler Radke pointed out that high borrowing costs are severely impacting Neocloud companies that rely on debt financing. In contrast, Microsoft demonstrates notable resilience during the AI funding tightening cycle thanks to its strong free cash flow and debt-free advantage.
SoftBank Group’s credit risk rises to a four-year high, as AI bets and acquisition rumors heighten leverage concerns
Due to increased market concerns over AI-related financing and potential large-scale acquisitions, SoftBank Group's credit risk indicator—the credit default swap (CDS)—has risen to its highest level in nearly four years.
Crypto prices
More
