Wall Street closes lower as Nasdaq falls 1.36%

Wall Street closes lower as Nasdaq falls 1.36%

NEW YORK, 30th October, 2026 (WAM) -- US stocks closed lower on Thursday, with the Nasdaq Composite falling 361.77 points, or 1.36%, to 26,188.08.

The S&P 500 declined 22.96 points, or 0.31%, to 7,721.02, while the Dow Jones Industrial Average dropped 129.30 points, or 0.25%, to 52,345.80.

The decline was driven largely by technology stocks, as disappointing earnings from Alphabet renewed concerns over returns on heavy artificial intelligence investments.