Coverage dated October 16, 2026

Nasdaq sinks more than 2% as investors raise questions about AI debt

Headline from KION Central Coast

By John Towfighi, CNN New York (CNN) — Tech stocks had a tumultuous week as concerns, including higher interest rates and mounting AI debt, continued to weigh on investor sentiment. The Nasdaq Composite fell 2.14% on Friday, bringing its weekly losses to roughly 4.5% — its worst week since June.

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    Nasdaq sinks more than 2% as investors raise questions about AI debt (opens KION Central Coast)

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    By John Towfighi, CNN New York (CNN) — Tech stocks had a tumultuous week as concerns, including higher interest rates and mounting AI debt, continued to weigh on investor sentiment. The Nasdaq Composite fell 2.14% on Friday, bringing its weekly losses to roughly 4.5% — its worst week since June.

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