# Stocks Rally as Tech Slumps

> Tech stocks dip while broader markets climb.
- Title: Stocks Rally as Tech Slumps · Kiplinger | Shortify
- Summary: Tech stocks dip while broader markets climb. The S&P 500 rose 0.3% as tech stocks fell, with Nvidia down 1.8% and CoreWeave down 64% from its peak.
- Keywords: s&p 500, nvidia, coreweave, dow jones, treasury yields, pki, producer price index, inflation, fed, bonds, stock market, Stocks
- Source: Kiplinger — https://kiplinger.com/investing/stocks/stocks-churn-up-even-as-tech-gets-chipped-stock-market-today
- Published: 2026-10-15T20:14:06+00:00
- Read time: 1 min
- Topics: s&p 500, nvidia, coreweave, dow jones, treasury yields, pki, producer price index, inflation, fed, bonds, stock market
## Stocks Rally
The S&P 500 rose 0.3% to 7,744 as the Dow Jones Industrial Average gained 1.1% to 52,177.
## Treasury Yields Drop
The 2-year Treasury yield fell 4.5 basis points to 4.757% while the 10-year and 30-year yields dropped 9.9 and 9.3 basis points.
## PPI Inflation Rises
The Producer Price Index rose 1.3% in September, more than double the expected 0.5% month-over-month increase.
## Tech Stocks Fall
Nvidia dropped 1.8% and the VanEck Semiconductor ETF fell 1.0% as it recorded its eighth straight loss.
## CoreWeave Slumps
CoreWeave fell 64% from its June 20, 2025, all-time high as concerns about AI returns and debt grow.
## Nike's Drop
Nike fell 78.2% from its November 5, 2021, high to $35.30, leading the Dow Jones index.
## Market Analysts
Louis Navellier says Treasury yields declined as the PPI may be the peak of poor inflation news.
## CoreWeave Analyst
Deutsche Bank analyst Brad Zelnick says CoreWeave's future depends on AI demand and infrastructure performance.
## Market Outlook
The S&P 500 is expected to rise 33% as quarterly earnings season concludes.
## Key takeaway

The S&P 500 rose 0.3% as tech stocks fell, with Nvidia down 1.8% and CoreWeave down 64% from its peak.