Daily Market Report – October 18, 2026
Markets
Concerns about the financing of AI infrastructure expansion weighed on the S&P 500 (SPX) by 1.09 percent to 7,659 points. The Nasdaq 100 (NDX) lost 2.50 percent to 29,188 points. The Dow Jones (DJI) closed 0.34 percent lower at 52,002 points. In Frankfurt, the DAX (DAX) gained 0.95 percent to 25,623 points. The Nikkei 225 (NI225) rose in Tokyo by 1.39 percent to 65,324 points. Brent crude oil (UKOIL) increased by 3.72 percent to $109.86 per barrel.
Company
Palantir (PLTR) lost 7.22 percent to $186.03 due to the reassessment of AI infrastructure investments. Growing doubts about the financing of data center expansion weighed on Advanced Micro Devices (AMD), which fell 5.95 percent to $528.75. Intel (INTC) also declined by 5.79 percent to $89.85 in the same industry environment. Micron Technology (MU) dropped 5.63 percent to $878.84 under the pressure on semiconductor stocks.
Siemens (SIE) is aligning its industrial business more towards software and AI applications while simultaneously reducing positions in middle management. BMW (BMW) is streamlining its leadership levels with severance programs. Mercedes-Benz (MBG) is also cutting management positions as part of its cost-saving measures.
Volkswagen (VOW3) is in the spotlight due to the ongoing dispute of the Piëch family over the legacy of the former CEO of the company. Apple (AAPL) came into focus on the 25th anniversary of the iPod. The device paved the way for the later expansion of the devices and services business.
Woodside Energy (WDS) suspended the preparatory work on the Scarborough gas project after activists occupied a platform. Piper Sandler (PIPR) came into focus following reports of failed acquisition talks with Perella Weinberg Partners. Perella Weinberg Partners (PWP) remained independent after the negotiations were called off.
Macroeconomics
According to the BoE, heavily leveraged positions of hedge funds increase the risk of abrupt disruptions in the global bond market. The ECB warned about the consequences of higher bond yields for financing conditions and growth. According to the White House, the US government suspended parts of the Russia sanctions by decree. This changed the framework for energy trading with Moscow.
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*Created on 10/18/2026 / 4:14 AM (ET)*