Nasdaq drops 5.49% as AI profitability doubts hit chipmakers, Arkea Asset Management says
- An October 20, 2026, analysis showed the Nasdaq down 5.49% for the week amid doubts over artificial intelligence investment returns.
- The EuroStoxx 50 gained 0.5% over the week, supported by defensive stocks as investors shifted toward health care and consumer staples.
- US headline inflation accelerated to 3.7% in September, exceeding the 3.6% forecast.
- The US 10-year Treasury yield remained above 5.07%, while the French OAT yield stood at 4.81%.
- A Federal Reserve hold remained the favored outcome for late October, but the probability of another rate increase in December rose.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arkea Asset Management SA published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.