US stock Market today: Wall Street stocks that jump on tough trading day for S&P 500, Nasdaq, Dow Jones, Russell 2000

US stock market main indexes suffered tough trading day at the Wall Street on Friday. Investors closed the week as the sell-off for tech stocks got even worse on worries that the frenzy around AI sent prices too high. On Friday, S&P 500 fell 140.32 points, or 1.8 per cent, to 7,580.07, Nasdaq composite fell 747.73 points, or 2.9 per cent, to 25,437.00, Dow Jones Industrial Average fell 572.25 points, or 1.1 per cent, to 51,770.31 and Russell 2000 fell 47.37 points, or 1.7 per cent, to 2,811.84.

S&P 500 dropped 1.8 per cent for its worst day since June. The tech-heavy index has dropped 7.8 per cent from its all-time closing high reached on October 6. Intel sank almost 29 per cent for its worst day since 1974 after giving a profit forecast that fell below analysts’ expectations. Amazon’s latest profit report raised more worries about how much companies are spending on their AI Investments. Treasury yields sank as investors searched for safer things to own, even though oil prices rose.

Wall Street Stocks


However, outside of tech, stocks were more resilient as many rallied after reporting stronger profits for the summer than analysts expected. Nearly as many stocks rose within the S&P 500 index rose as fell.

Oil supermajors Exxon Mobil and Chevron both beat quarterly profit expectations, benefiting from soaring profit margins as a result of energy supply disruptions arising from the US-Israeli war with Iran and Russia's war in Ukraine.

ExxonMobil climbed 2.2 per cent, and Chevron added 1.8 per cent after the oil giants reported stronger profit for the summer than analysts expected.

Mondelez International rose 3.9 per cent after the company behind Oreo cookies and Ritz crackers reported stronger-than-expected growth.

Colgate-Palmolive climbed 2.3 per cent after higher prices for its products around much of the world helped it deliver better revenue and profit than analysts expected.

S&P 500 tech sector posted its largest monthly percentage loss since March 2025, and communication services registered its biggest monthly drop since April 2022.

Third-quarter earnings season has passed the halfway mark, with 299 companies in the S&P 500 having reported. Of those, 82 per cent have beaten consensus expectations, according to LSEG data. Analysts now expect third-quarter S&P 500 earnings growth of 31.6 per cent, year-on-year, per LSEG.