Macro Finance
S&P 500 Suffers Worst Week Since June as AI Fears Hit Chipmakers
Bloomberg Markets·October 16, 2026·1 min read
The S&P 500 fell on Friday, capping its biggest weekly loss since June as a spike in crude prices renewed inflation fears and worries about the viability of the artificial intelligence trade pressured chipmakers. The index's decline reflects mounting investor concern over both rising energy costs and the sustainability of AI-driven market gains.
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