US OPEN: Tech stocks drag down the indices; capital is flowing out of AI and into banks and value stocks

US indices have opened Friday’s session in a mixed fashion, which best reflects the nature of the entire week – there is a clear rotation away from technology and artificial

Oct 16, 2026 - 18:00
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US OPEN: Tech stocks drag down the indices; capital is flowing out of AI and into banks and value stocks
US indices have opened Friday’s session in a mixed fashion, which best reflects the nature of the entire week – there is a clear rotation away from technology and artificial

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