▶️ Market Update — October 22, 2026:
Markets are seeing a sharp sell-off in technology stocks and precious metals, amid escalating tensions in the Middle East.
📉 U.S. stocks: The Nasdaq fell 2.6%, shedding nearly $1 trillion in market value in its biggest daily drop since June.
💰 Gold: Fell 2.4% to around $4,041 per ounce, its lowest level in more than two months, as expectations for U.S. interest rates rose.
💰 Silver: Dropped 5.4% to around $54.84 per ounce amid a broad sell-off in precious metals.
💧 Oil: Brent crude rose above $112 per barrel, its highest level in five months, after Houthi attacks on Saudi targets intensified.
🏦 U.S. Federal Reserve: Markets expect interest rates to remain unchanged at the October 27–28 meeting, while the probability of a rate hike in December has risen to around 78%.
Markets are seeing a sharp sell-off in technology stocks and precious metals, amid escalating tensions in the Middle East.
📉 U.S. stocks: The Nasdaq fell 2.6%, shedding nearly $1 trillion in market value in its biggest daily drop since June.
💰 Gold: Fell 2.4% to around $4,041 per ounce, its lowest level in more than two months, as expectations for U.S. interest rates rose.
💰 Silver: Dropped 5.4% to around $54.84 per ounce amid a broad sell-off in precious metals.
💧 Oil: Brent crude rose above $112 per barrel, its highest level in five months, after Houthi attacks on Saudi targets intensified.
🏦 U.S. Federal Reserve: Markets expect interest rates to remain unchanged at the October 27–28 meeting, while the probability of a rate hike in December has risen to around 78%.