Closing levels and rounded percentage changes were checked against the AP report syndicated by ABC News. Reuters remains linked as the original article’s additional source; its full text was unavailable during this revision. The figures describe the October 14 close, not current trading.
Updated : Reworked the account around the closing moves and financing concerns, using AP’s rounded percentage changes. Removed repetitive caveats and company-level figures not rechecked during this revision. Original publication date retained.
AI investments face a borrowing-cost squeeze
U.S. stocks fell on October 14 as an acceleration in inflation raised expectations of higher interest rates, putting shares tied to artificial intelligence under pressure.
The Nasdaq Composite dropped 511.51 points, or 1.9%, to 26,692.87. The S&P 500 fell 86.51 points, or 1.1%, to 7,718.94, while the Dow Jones Industrial Average slipped 0.1% to 51,621.48, according to the Associated Press.
The prospect of more expensive borrowing weighed on the companies building AI data centres, AP reported. Their expansion depends on substantial investment, making financing costs part of the market’s assessment of future returns.
The retreat extends beyond technology
The Russell 2000 index of smaller companies also declined 1.9%. Bank of America fell after earnings came in below analysts’ expectations, adding another source of pressure.
For the S&P 500, it was the fifth decline in six sessions since reaching a record. Even after the retreat, the index remained 12.8% higher for the year; the Nasdaq was up 14.8%.
Sources
2 references
- Associated PressHow major US stock indexes fared Wednesday, 10/14/2026Independent closing-market report syndicated by ABC News · 2026-10-14
- ReutersWall Street closing report: inflation and AI sharesIndependent reporting on closing levels and sector moves · 2026-10-14
