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News 2026-10-17 17:30 UTC

S&P 500 Pulls Back as Oil, Yields and AI Risks Weigh

The S&P 500 is 2.45% below its all-time high after retreating from resistance at 7,817. The article cites rising oil prices, elevated Treasury yields and AI-related concerns, while reporting average earnings growth of 29% among the 9% of index constituents that have reported so far.