Stock Market Declines as Big Tech and Oil Prices Move Markets

The stock market experienced significant declines on Thursday with the Nasdaq dropping over 2%, driven by weak AI spending outlooks from Alphabet (GOOG) and Tesla (TSLA). The Dow Jones Industrial Average fell 1.1% while oil prices surged above $100 due to escalating tensions in the Middle East.

By Grace O'Donnell and Jake Conley Updated Thu, July 23, 2026 at 6:10 PM GMT+3 2 min read · Yahoo Finance · July 23, 2026, 15:10 UTC

Stock Market Declines as Big Tech and Oil Prices Move Markets

Tickers: $GOOG $TSLA

Topics: AI spending outlooks earnings reports oil prices stock market

Read the full article at Yahoo Finance

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