The New York Stock Exchange seized by fear, on the eve of Halloween

On October 30, Wall Street experienced significant market declines, particularly affecting AI-related companies. The Nasdaq dropped 2.86%, marking its worst day since June and the worst month since spring 2025. Major indices like the S&P 500 and Dow Jones also fell. The downturn was triggered by disappointing earnings from tech giants, notably Intel, whose stock plummeted nearly 30% after revealing a forecasted decline in personal computer sales due to rising semiconductor prices. Investors reacted swiftly to these developments, reflecting growing concerns in the tech sector.