Dow Jones loses 281 points as technology stocks retreat
Published on 10/22/2026 at 22:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOil and technology pressure
- Dow Jones closed at 52,575 points on October 22, down 281 points or 0.5 percent.
- Brent crude rose 3.7 percent to USD 112.80 as AI shares weakened.
- Procter & Gamble gained 6.3 percent, while Intel fell 5.5 percent.
- October 23, 2026, 9:45 a.m. ET brings preliminary US manufacturing and services PMI data.
The Dow Jones closed at 52,575 points on October 22, 2026, down 281 points or 0.5 percent. AI shares weakened as Brent crude rose 3.7 percent to USD 112.80, the Associated Press reported.
Procter & Gamble rose 6.3 percent after stronger quarterly results, while Intel fell 5.5 percent as technology stocks came under pressure, Chosun reported.
Why is the Dow Jones lower today?
Renewed concern about artificial-intelligence spending weighed on technology shares after earnings from Meta Platforms and Tesla. The pressure spread across global markets, while investors also assessed a jump in oil prices linked to conflict risks involving Iran.
The 10-year Treasury yield fell to 4.96 percent from 5.13 percent late Wednesday as investors sought safer assets. The Associated Press linked the market pressure to AI valuation concerns and higher crude prices.
Technology weakness limits the Dow Jones decline
The Dow Jones held up better than technology-heavy benchmarks because consumer staples and some defensive shares strengthened. Procter & Gamble's earnings helped offset weakness in technology and communications.
Intel was among the weaker Dow Jones components, while Procter & Gamble led the defensive response. The index's close was 281 points below the previous session's 52,856 points.
What comes next for the Dow Jones
- October 23, 2026, 9:45 a.m. ET: Preliminary US services PMI is forecast at 58.0, versus 58.8 previously, Investing.com reports.
- October 23, 2026, 9:45 a.m. ET: Preliminary US manufacturing PMI is forecast at 55.5, versus 55.9 previously, the calendar shows.
- October 23, 2026, 10:00 a.m. ET: The final Michigan consumer sentiment survey is due, with a forecast of 46.3 versus 48.1 previously, Investing.com reports.
Dow Jones price data for October 22, 2026
The Dow Jones closed at 52,575 points on October 22, 2026, down 281 points or 0.5 percent from 52,856 points on October 21, the closing summary states.
Dow Jones by the numbers on October 22, 2026
- Index: Dow Jones
- Home exchange: New York Stock Exchange, United States
- Close on October 22, 2026: 52,575 points
- Change versus previous close of October 21, 2026: down 281 points (down 0.5 percent)
- Previous close: 52,856 points
- Next scheduled event: October 23, 2026, 9:45 a.m. ET: preliminary US services and manufacturing PMI data
