--- title: "Nasdaq Dips Over 400 Points; Bank of America Shares Tumble After Q3 Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/301871466.md" description: "US stocks fell on Wednesday, with the Nasdaq dropping over 400 points (1.54%) and the Dow down 0.35%. Bank of America shares tumbled more than 5% after reporting disappointing Q3 results that missed earnings and revenue estimates. Meanwhile, oil prices rose 1.5%, and US consumer inflation topped forecasts at 3.7%. European markets closed mostly higher, while Asian markets ended lower." datetime: "2026-10-14T17:00:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/301871466.md) - [en](https://longbridge.com/en/news/301871466.md) - [zh-HK](https://longbridge.com/zh-HK/news/301871466.md) generator: "portal-rs" --- # Nasdaq Dips Over 400 Points; Bank of America Shares Tumble After Q3 Results U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 400 points on Wednesday. The Dow traded down 0.35% to 51,487.76 while the NASDAQ fell 1.54% to 26,784.11. The S&P 500 also fell, dropping, 1.03% to 7,724.98. **Leading and Lagging Sectors** Health care shares jumped by 2% on Wednesday. In trading on Wednesday, information technology stocks fell by 2%. **Top Headline** **Bank of America Corp**. (NYSE:BAC) stock fell more than 5% on Wednesday after the bank reported disappointing third-quarter 2026 results. Adjusted earnings of $1.08 per share missed the analyst consensus estimate of $1.11. Revenue, net of interest expense, rose 3% year over year to $29.96 billion but fell short of Wall Street’s estimate of $30.69 billion. **Equities Trading UP** - **Treasure Global Inc (**NASDAQ:TGL) shares shot up 260% to $1.00 after the company reported a narrower fourth-quarter loss driven by strong revenue growth. - Shares of **Bending Spoons SpA** (NASDAQ:BSP) got a boost, surging 38% to $52.18 after the company announced a new $330 million investment from Berkshire Hathaway. - **Liquidia Corp (**NASDAQ:LQDA) shares were also up, gaining 27% to $33.96 after the company announced a global settlement agreement with United Therapeutics, resolving all pending litigation and ensuring YUTREPIA remains available to PAH patients without disruption. **Equities Trading DOWN** - **CDT Equity Inc** (NASDAQ:CDT) shares dipped 51% to $0.22. The company highlighted announcement from Sarborg regarding intellectual property covering solid forms of a major respiratory medicine. - Shares of **YYForce Inc. (**NASDAQ:YFOR) were down 46% to $0.54 after the company announced a partnership with Novotel Singapore on Stevens and Mercure Singapore on Stevens to introduce service robots across the hotels’ 772-room precinct. - **High Templar Tech Limited (**NYSE:HTT) was down, falling 7% to $2.08 after the company reported unaudited financial results for the six months ended June 30. **Commodities**  In commodity news, oil traded up 1.5% to $95.52 while gold traded down 1.4% at $4,118.60. Silver traded down 4.6% to $56.79 on Wednesday, while copper fell 0.5% to $6.6935. **Euro zone** European shares were mostly higher today. The eurozone’s STOXX 600 rose 0.6%, while Spain’s IBEX 35 Index slipped 0.1%, London’s FTSE 100 rose 0.4%, Germany’s DAX gained 0.7%, while France’s CAC 40 gained 0.7%. **Asia Pacific Markets** Asian markets closed lower on Wednesday, with Japan’s Nikkei 225 falling 0.05%, Hong Kong’s Hang Seng Index declining 0.13%, China’s SSE Composite Index dipping 0.88% and India’s BSE Sensex falling 0.34%. **Economics** Consumer prices rose from 3.4% to 3.7% year-over-year in September, above the 3.6% economists expected, according to the Bureau of Labor Statistics report released Wednesday. *Photo via Shutterstock* ### Related Stocks - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [BSP.US](https://longbridge.com/en/quote/BSP.US.md) - [CDT.US](https://longbridge.com/en/quote/CDT.US.md) - [HTT.US](https://longbridge.com/en/quote/HTT.US.md) - [LQDA.US](https://longbridge.com/en/quote/LQDA.US.md) - [QD.US](https://longbridge.com/en/quote/QD.US.md) - [TGL.US](https://longbridge.com/en/quote/TGL.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SLV.US](https://longbridge.com/en/quote/SLV.US.md) - [SPDN.US](https://longbridge.com/en/quote/SPDN.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPUU.US](https://longbridge.com/en/quote/SPUU.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [YFOR.US](https://longbridge.com/en/quote/YFOR.US.md) ## Related News & Research - [Morgan Stanley's Mike Wilson Says Market Correction Nearly Over, Sees S&P 500 Hitting 8,500](https://longbridge.com/en/news/302450465.md) - [S&P 500 Q3 earnings growth estimate slips to 29%, FactSet says](https://longbridge.com/en/news/302133622.md) - [LIVE MARKETS-The Nasdaq looks fine but its internals tell a different story](https://longbridge.com/en/news/302569230.md) - [Treasure Global Secures USD 1.2 Million Private Placement](https://longbridge.com/en/news/302467970.md) - [BUZZ-Street View: Bank of America's regulatory penalty is a hurdle, not a barrier](https://longbridge.com/en/news/301957281.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**