# Nasdaq Falls 2.86% as Tech Selloff Ends October

All three major U.S. indexes closed lower Friday, with Intel falling nearly 29%.

By Will Langan | 24X7 News
Published: 2026-10-30T21:07:29.884Z
Updated: 2026-10-30T21:07:29.884Z
Section: Money
Format: News
Canonical: https://24x7news.us/articles/wall-street-market-close-october-30-2026

U.S. stocks ended sharply lower October 30 as disappointing Intel and Amazon results intensified concerns about artificial-intelligence spending.

The Nasdaq Composite fell 747.73 points, or 2.86%, to 25,437.00. The S&P 500 lost 140.32 points, or 1.82%, to 7,580.07. The Dow Jones Industrial Average declined 572.25 points, or 1.09%, to 51,770.31.

Reuters reported Intel fell 28.6%, Nvidia dropped 4.2% and AMD lost 10.9%. The semiconductor index declined 7.2%.

The Associated Press reported that the Russell 2000 fell 1.7% to 2,811.84. For the week, the S&P 500 lost 0.6%, the Dow declined 0.9% and the Nasdaq fell 2%, while the Russell gained 1.3%.

Reuters reported monthly losses for the S&P 500 and Nasdaq, while the Dow finished October higher.

Sources: Reuters and Associated Press, October 30 closing-market reports.

## Sources
- Reuters — October 30 Market Close: https://www.reuters.com/business/nasdaq-futures-tumble-amazon-intel-results-deepen-ai-spending-woes-2026-10-30/
- Associated Press — October 30 Final Index Results: https://apnews.com/article/wall-street-stocks-dow-nasdaq-a01d3551e794fed1a0c317c20bc3f0a2