Nasdaq Sinks 2.9% to Cap Worst Month Since March 2025 as Intel Crashes, Oil Jumps
The Nasdaq fell 2.86% on Oct 30 to close October down 5.3%, its worst month since March 2025, as Intel crashed. Brent hit $117.64 and the 10-year yield fell to 4.93%.
Intel Plunges 28.6% in Record Drop, Dragging Chip Stocks Into a Global Rout
Intel had its worst day on record after a weak Q4 forecast and a PC slowdown warning. The chip index fell over 7% and AMD lost 10.9% as AI spending fears deepened.