US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meet

Oct 23, 2026

US stocks ended lower after a turbulent week as fresh doubts over the AI trade weighed on sentiment. The Dow fell 1.25%, while the S&P 500 and Nasdaq also declined. Investors turned their focus to major earnings from Alphabet, Microsoft and Amazon, along with next week’s Federal Reserve meeting.

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