The major U.S. stock indexes ended **mixed** on Thursday, **October 8, 2026**, as a bombshell **Financial Times report revealing OpenAI’s annualized revenue is roughly $20 billion below what had been signaled** triggered a brutal chip sector selloff, pulling the Nasdaq sharply lower even as the Dow held green and oil crept back toward $91. The session delivered a stark reminder of how fragile the AI trade’s fundamental thesis remains ahead of tomorrow’s September CPI.
The **S&P 500** fell **0.47%** (-36.41 pts) to **7,765.36.** The **Dow** gained **0.10%** (+51.77 pts) to **51,231.64.** The **Nasdaq** dropped **1.25%** (-345.35 pts) to **27,193.34.** The **Russell 2000** was essentially flat at **2,794.13.**
The **10-year Treasury yield** fell **0.87%** to **5.23%**, pulling back from Wednesday’s 24-year high. The **VIX** rose **2.52%** to **15.46.** **Gold** gained **0.46%** to **$4,159.60.** **Crude Oil** rose **2.81%** to **$90.76/barrel.**
