US Equity Markets End Lower After Sell-Off in Technology Stocks

04:19 PM EDT, 10/30/2026 (MT Newswires) -- US equity indexes ended lower Friday amid a sell-off in the technology sector after Intel's (INTC) Q3 miss led a decline in major semiconductor stocks. * Of the 20 worst-performing stocks with market capitalization exceeding $200 billion each, 19 were technology firms, according to data compiled by Finviz. * The quarterly US employment cost index rose by 0.8% in Q3, as expected in a Bloomberg-compiled survey, and slower than the 0.9% gain in the previous quarter, the US Bureau of Labor Statistics reported on Friday. * December West Texas Intermediate crude oil rose $0.94 to $102.94 per barrel, while December Brent crude, the global benchmark, was last seen up $2.67 at $117.55. * Regeneron Pharmaceuticals (REGN) shares were up nearly 13%, the top gainer on the Nasdaq, after the company reported higher Q3 non-GAAP net income and revenue. * Intel's shares dropped roughly 29%, the worst performer on the S&P 500 and the Nasdaq, after the company's Q3 revenue fell short of analyst estimates, and Q4 adjusted earnings and sales outlook lagged forecasts.