Dow falls 1.23% as AI doubts weigh on US stocks
The Dow Jones Industrial Average fell 1.23% on 23 October 2026, while reports point to doubts about AI and worries about SpaceX.
The Dow Jones Industrial Average, a score that follows a group of big companies, fell 1.23% to 52,215.16 on 23 October 2026, our end-of-day data show. The S&P 500 fell 0.52% to 7,623.68 and the Nasdaq Composite fell 0.21% to 25,955.34.
Reports differ on the cause. One report says doubts about AI persisted ahead of a Fed meet (a meeting of the Federal Reserve, the US central bank). Another report cites an AI selloff and worries about SpaceX hitting markets.
The reports do not say what happens next.
More market wraps
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Educational only, not financial advice. Numbers beside the story are from our own data.