Midday update
Curated software and health care stocks gain as semiconductors lag amid inflation, interest-rate and AI spending concerns.
Midday tape, October 15, 2026, at the 11:32 AM ET snapshot: the S&P 500 is up 0.10% and the Nasdaq Composite is down 0.37%.
- Rocket Lab shares are down 9.24%, with a market cap of $31.72B, after the company delayed its Neutron rocket debut to 2027.
- Ericsson shares are up 8.59%, with a market cap of $34.98B. Third-quarter adjusted earnings beat analyst expectations on solid demand for mobile network equipment.
- Dell shares are down 7.97%, with a market cap of $297.21B, after Barclays downgraded the stock on concerns that enterprise AI adoption is lagging.
- Curated $10B+ baskets: software averages +2.92% with 4 advances and 0 declines. Health care averages +2.69% with 12 advances and 0 declines, and the XLV health-care ETF is up 2.75%.
- The curated $10B+ semiconductor basket averages -1.97% with 3 advances and 8 declines. Same-day reports link tech weakness to inflation and interest-rate fears and their impact on AI spending.
These figures come from curated samples and cover a subset of each sector. Participation at midday is selective, with strength concentrated in curated software and health care names while the semiconductor basket lags.
Not financial advice. For informational and educational purposes only.
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