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Nasdaq Sheds 1.65% as Russell 2000 Sinks to RSI 28, Oil Climbs While Gold and Silver Slide

Newswire.ca - Wed Oct 14, 12:39PM CDT

Stock Preachers News Commentary 

VANCOUVER, BC, Oct. 14, 2026 /CNW/ -- Stocks skidded midweek as the Nasdaq Composite dropped 449 points, or 1.65%, to 26,755.24, pulling its weekly loss to 2.23%. The S&P 500 fell 1.10% on the day and 1.18% for the week, while the Russell 2000 tumbled 1.70% and now carries an RSI of just 28.3, signaling deeply oversold small caps. The Dow held up relatively better, down 0.29%. Gold slid 1.93%, silver dropped 5.81%, and WTI crude bucked the trend, rising 1.36% to $95.42 a barrel. Active Companies from around the markets with current developments this week include: RTX (NYSE: RTX), Lockheed Martin (NYSE: LMT), Eli Lilly and Company (NYSE: LLY), Alimentation Couche-Tard Inc. (TSX: ATD), and IBM (NYSE: IBM).

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