--- title: "Stocks Stumble as Tech Selloff Returns With a Vengeance" type: "News" locale: "en" url: "https://longbridge.com/en/news/302750488.md" description: "Wall Street stocks stumbled as a tech selloff returned, driven by oil price volatility and AI capital expenditure concerns. The Nasdaq Composite fell 614 points, marking its worst single-session decline since June 5, while the Dow Jones and S&P 500 also declined. The VIX rose after a brief lull. Individual stocks showed mixed performance: Howmet Aerospace dropped 7.2% with high options activity; Comcast gained 3.3% on Q3 earnings beats; and Lam Research fell 10.3% despite an earnings beat, due to disappointing December outlooks." datetime: "2026-10-22T16:05:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302750488.md) - [en](https://longbridge.com/en/news/302750488.md) - [zh-HK](https://longbridge.com/zh-HK/news/302750488.md) generator: "portal-rs" --- # Stocks Stumble as Tech Selloff Returns With a Vengeance Wall Street is selling off today, as **oil prices** and AI capex concerns muddle investor sentiment. The Nasdaq Composite (IXIC) is down 614 points at last look, with **Meta Platforms (META)** weighing on large cap tech and CoreWeave (CRWV) dragging neocloud stocks lower. The tech-heavy index is heading for its worst single-session decline since June 5. The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are also firmly in the red, while the Cboe Volatility Index (VIX) picks back up after a three-day lull. *Continue reading for more on today's market, including:* - **Defense stock** trying to hold the Dow together today. - **Spotify stock** brushes off broader-market selloff. - Plus, bears play defense on HWM; Comcast bounces back; and LRCX in the red. **Howmet Aerospace Inc (NYSE: HWM)** stock is seeing outsized options attention this morning. At last look, 18,700 options have changed hands, volume that's more than quadruple the average intraday amount. The December 220 call is the most popular, while the January 2027 210-strike put is also seeing notable activity. HWM is down 7.2% to trade at $193.07, breaching its year-to-date breakeven level. Another stock shrugging off the selloff is **Comcast Corp (NASDAQ:CMCSA)**, up 3.3% to trade at $22.78 at last look, after the company reported a top-line beat for the third quarter. **Comcast stock** fell to a 13-year low of $20.48 on Oct. 9, and is still down 18.4% in 2026, as a double bottom forms on the charts. **Lam Research Corp (NASDAQ:LRCX)** is one of the worst stocks on the Nasdaq today, down 10.3% to trade at $234.08, headed for its 13th loss in 14 sessions. While the chipmaker reported an earnings beat and 2027 outlook above estimates, the firm's December outlook disappointed investors. No fewer than eight brokerages trimmed their price targets in response, the worst coming from Needham to $290 from $390. Lam Research stock remains up 37.5% in 2026, with support in place at its 320-day moving average. ### Related Stocks - [CMCS.US](https://longbridge.com/en/quote/CMCS.US.md) - [CMCSA.US](https://longbridge.com/en/quote/CMCSA.US.md) - [CMCSV.US](https://longbridge.com/en/quote/CMCSV.US.md) - [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md) - [HWM.US](https://longbridge.com/en/quote/HWM.US.md) - [LRCX.US](https://longbridge.com/en/quote/LRCX.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [CORD.US](https://longbridge.com/en/quote/CORD.US.md) - [CRWG.US](https://longbridge.com/en/quote/CRWG.US.md) - [CRWU.US](https://longbridge.com/en/quote/CRWU.US.md) - [CRWX.US](https://longbridge.com/en/quote/CRWX.US.md) - [CWVX.US](https://longbridge.com/en/quote/CWVX.US.md) - [CWY.US](https://longbridge.com/en/quote/CWY.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) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [FBX.US](https://longbridge.com/en/quote/FBX.US.md) - [FBY.US](https://longbridge.com/en/quote/FBY.US.md) - [FBYY.US](https://longbridge.com/en/quote/FBYY.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [LRCC.US](https://longbridge.com/en/quote/LRCC.US.md) - [LRCU.US](https://longbridge.com/en/quote/LRCU.US.md) - [MEIB.US](https://longbridge.com/en/quote/MEIB.US.md) - [METD.US](https://longbridge.com/en/quote/METD.US.md) - [METG.US](https://longbridge.com/en/quote/METG.US.md) - [METQ.US](https://longbridge.com/en/quote/METQ.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [METW.US](https://longbridge.com/en/quote/METW.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) - [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) - [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) - [.VIX.US](https://longbridge.com/en/quote/.VIX.US.md) ## Related News & Research - [Meta has strong chance of getting $25 billion New Mexico penalty slashed on appeal, experts say](https://longbridge.com/en/news/302692678.md) - [Meta As Of September 30, We Had $454.52 Billion Of Non-Cancelable Contractual Commitments](https://longbridge.com/en/news/302696401.md) - [Lam Research (NASDAQ:LRCX) Shares Down 1% - What's Next?](https://longbridge.com/en/news/302612829.md) - [Generali Investments Management Co LLC Purchases 10,482 Shares of Lam Research Corporation $LRCX](https://longbridge.com/en/news/302279479.md) - [Lam Research: Street trims target on supply headwinds but bullish long term](https://longbridge.com/en/news/302722707.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**