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US stocks rebound after brutal October tech sell-off

Original: stock market news

Markets whipsawed this week as US indices closed out a punishing October, with tech stocks falling nearly $1 trillion in value on weak earnings and AI-related nerves, giving the Nasdaq its worst month in over a year. Intel, Reddit and other AI-linked names took sharp losses, while jumping oil prices added pressure worldwide. Stocks then posted their best day since August after the Democrats' strong midterm showing, leaving investors weighing political relief against lingering technology-sector anxiety.

Why now: A dramatic month-end tech sell-off followed by a midterm-driven rebound has investors closely tracking where markets head next.

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