India, Oct. 23 -- The Nasdaq Composite came under pressure on Friday, October 23, 2026, as investors assessed renewed selling in artificial intelligence-related stocks, rising oil prices and uncertainty surrounding the Federal Reserve's interest-rate outlook. The technology-heavy index faced pressure following a sharp decline in semiconductor shares during the previous session, while concerns over AI spending and corporate earnings added to market volatility.

According to Reuters, the Nasdaq Composite opened lower on Friday, falling 114.9 points, or 0.44%, to 25,893.953. The opening decline followed Thursday's sharp sell-off, when the index dropped 2.60% to close at 26,008.86, marking its steepest daily decline since June.

Investors are...