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Stocks slip as the memory chip selloff spreads and J&J drags the Dow

1 week ago 8

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Stocks closed lower on October 13, 2026, as a memory chip selloff spread after South Korea's Kospi fell more than 5% on fears of Chinese competition, with Micron down 13% over four days, and Johnson & Johnson dragged the Dow after MedTech growth disappointed. Breaking news: the Treasury fined Bank of America more than $1.2 billion for anti-money laundering and sanctions violations. RBC's Michael Reid previews CPI and the Fed's path, Yahoo Finance's Jennifer Schonberger breaks down the IMF's global growth outlook, and Dan Howley reviews Apple's new smart home lineup. Plus J&J CFO Joe Wolk, Realtor.com's Danielle Hale on housing, Franklin Templeton's Chris Galipeau on earnings season, and the NRF on Halloween spending. 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 slip as chips sell off 01:41 Oil prices stay elevated 02:02 South Korea's Kospi tumbles 02:56 Why memory chip stocks are falling 03:26 Elon Musk on China's manufacturing scale 03:44 Micron's four-day slide 04:04 RBC's Michael Reid previews CPI 04:47 What to expect from core inflation 05:11 Where higher prices are already showing up 05:57 Older vs. younger consumers 06:31 The Social Security cost-of-living adjustment 07:52 Interest payments and younger households 08:15 The Fed's path 09:20 What PPI could signal 10:07 Do companies still have pricing power? 10:44 The IMF cuts its global growth outlook 11:27 The Strait of Hormuz and the 2027 rebound 12:03 The IMF on AI and productivity 12:26 Winners and losers from the oil shock 13:40 The AI boom and inflation 14:41 What it means for the Fed 21:17 Apple's new smart home lineup 22:53 Apple TV 4K, HomePod mini and Siri 23:15 Taking on Amazon and Google 23:57 How much it costs 25:32 Apple's LG and Schneider Electric partnerships 27:00 Apple's privacy pitch 27:59 Can Apple compete with Alexa+? 34:44 J&J CFO Joe Wolk on raising guidance 36:39 How J&J plans to fix MedTech 38:20 J&J's new oral psoriasis pill 40:08 Tremfya's growth 40:58 Why J&J is leaning toward an orthopedics spinoff 42:25 Drug pricing and the FDA 48:16 Realtor.com's Danielle Hale on existing home sales 50:01 Homes under contract 51:10 Do buyers or sellers have the upper hand? 52:04 Could mortgage rates hit 8%? 53:20 How to rate-proof your budget 54:00 How to get a better mortgage rate 1:00:04 Closing bell 1:01:03 J&J drags the Dow 1:01:51 Domino's falls on same-store sales 1:02:12 Franklin Templeton's Chris Galipeau on the market 1:02:56 What the banks said about the consumer 1:03:56 IPOs delayed, not canceled 1:04:35 Hyperscaler debt 1:05:24 Is the earnings bar too high? 1:06:53 The volatility window 1:14:53 Breaking: Bank of America fined $1.2 billion 1:17:32 Halloween spending to hit $13.5 billion 1:20:29 Using AI to plan Halloween 1:20:49 Pet costumes 1:21:32 What Halloween says about the holidays 1:22:33 What to watch Wednesday #StockMarket #Inflation #Micron #MarketDomination #YahooFinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571
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