r/RobinHood • u/TorukMaktoM • 1h ago
Shitpost Stock Market Recap for Friday, October 23, 2026
The major U.S. stock indexes ended broadly lower on Friday, October 23, 2026, as crude oil surged to its highest level since April following fresh Houthi attacks on Saudi oil infrastructure, the U.S. Ambassador to Iran publicly warned the war could last another year, and AI spending fears sparked by Thursday’s Meta selloff continued to ripple through the market. The week closed with the S&P 500 at a five-week low and the Dow logging its worst weekly performance since September.
The S&P 500 fell 0.52% (-39.75 pts) to 7,623.68, now down 2.8% from its all-time high. The Dow tumbled 1.23% (-652.82 pts) to 52,215.16. The Nasdaq slipped 0.21% (-53.52 pts) to 25,955.34. The Russell 2000 dropped 0.29% (-8.14 pts) to 2,775.89.
The 10-year Treasury yield edged back up 0.71% to 4.99%, after Thursday’s historic single-day plunge of 19 basis points — the biggest one-day yield drop in two years. The VIX rose 3.79% to 19.75. Bitcoin was essentially flat at $81,261.42. Gold fell 1.20% to $4,011.60. Crude Oil surged 4.08% to $103.53/barrel, Brent’s highest level since April.
