Stocks closed lower on October 16, 2026, as the tech selloff spread from chips to software and cybersecurity, leaving the sector down 7.7% for the week while defensive sectors like staples and energy led. The VIX jumped above 20, Brent topped $110 and CoreWeave sank again on debt worries. Yahoo Finance’s Jared Blikre explains the bull trap he’s seeing in tech, the S&P 500 and Bitcoin. RBC’s Tom Narayan breaks down Tesla’s Roadster reveal and how a Tesla-SpaceX merger could work, and Creative Strategies’ Carolina Milanesi explains why Apple’s iPhone Duo sold out. Plus Kevin Warsh at the IMF, Schwab CEO Rick Wurster on AI agents, T. Rowe Price’s Sebastien Page on bonds and oil, Equity Armor’s Bryan Lynn on CoreWeave, RadioShack’s retro comeback and what to watch next week.
Market Domination, Market Domination Overtime and Asking for a Trend are live weekdays 3-5pm ET with Yahoo Finance Host Josh Lipton.
00:00 Stocks cap a volatile week lower
00:12 The Dow, Nasdaq and S&P 500
00:53 The VIX tops 20
01:32 Oil nears $100
02:14 Software and cybersecurity join the selloff
02:32 A classic bull trap
03:03 Chip stocks slip below a key level
03:27 Defensive sectors lead
04:22 Breadth turns negative
04:41 Why yields fell after hot inflation
05:38 RBC’s Tom Narayan on Tesla’s Roadster
07:21 Is a Tesla-SpaceX merger coming?
08:45 How a Tesla-SpaceX merger could work
10:12 What Wall Street would watch
11:31 Terafab and TSMC
12:42 Orbital data centers
19:21 Apple’s iPhone Duo sells out
21:52 Apple and Meta’s Muse on the Mac
22:57 From AI laggard to leader?
24:40 Apple Home View
31:30 Kevin Warsh at the IMF
32:47 Warsh on AI as a demand shock
34:01 Could the Fed meet less often?
35:47 Schwab CEO Rick Wurster on young investors
37:14 AI bubble vs. the dot-com era
37:59 What higher yields mean for Schwab
39:01 Charlie, Schwab’s AI agent
39:59 Should AI agents trade for you?
44:01 Why Schwab blocks unauthorized agents
45:56 The wealth transfer myth
48:36 CoreWeave sinks again
49:20 What credit markets are signaling
52:34 Is the demand still there?
54:06 Where the AI trade goes from here
59:59 Closing bell: Stocks end lower
1:01:15 Tech’s failed breakout
1:01:51 Micron, SanDisk and the chip slide
1:03:53 Bitcoin holds up
1:04:33 Crypto stocks fall
1:04:59 T. Rowe Price’s Sebastien Page on momentum
1:07:21 Where to look in the AI trade
1:08:37 What to expect from tech earnings
1:10:06 Why long-term rates are rising
1:12:41 Oil, Iran and inflation risk
1:13:39 The lagged effect of energy prices
1:18:28 RadioShack’s retro comeback
1:20:58 Retro tech and Gen Z
1:22:43 Physical media’s comeback
1:24:21 What to watch next week
#StockMarket #TechStocks #Tesla #MarketDomination #YahooFinance
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