US stocks: Wall Street opens lower as AI stocks decline, oil prices rise

US stocks: Wall Street opens lower as AI stocks decline, oil prices rise


Published Tue, Oct 20, 2026 · 09:58 PM

WALL Street’s main indexes opened lower on Tuesday (Oct 20), dragged down by renewed weakness in AI-linked stocks and a rebound in oil prices, while investors braced for major corporate earnings reports this week.

The Dow Jones Industrial Average fell 6.8 points, or 0.01 per cent, to 51,959.21 at the open. The S&P 500 fell 11.7 points, or 0.15 per cent, to 7,679.01​, while the Nasdaq Composite dropped 98.0 points, or 0.37 per cent, to 26,332.921. REUTERS



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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