Major Movers, October 22, 2026

The S&P 500 ETF falls 1.3%. Technology leads sector losses at -3.3% as semiconductors sink, with Lam Research -11.0%, KLA Corp -8.8% and Applied Materials -7.0%, while services names like Accenture +4.5% buck the trend. Industrials fall 1.4% as Parker Hannifin and Quanta Services each drop about 7.8%. Energy slips 1.0% even as Brent crude hits a five-month high on Houthi attacks. Consumer Staples leads gainers at +2.7% behind Procter & Gamble +6.0%. Health Care holds up at +1.1% despite Moderna falling 24.2%, and Merck down 1.5% on the same move per the news feed. Utilities gain 1.3% despite Constellation Energy -5.6%. Financials and Real Estate add 0.9% and 0.7%.

Factors show a defensive rotation: High Beta -5.1%, Momentum -3.7%, Growth -2.6%, while Value is flat and dividend-focused funds outperform, with the Dividend Aristocrats ETF +2.0%.

Within mega-cap growth, Meta Platforms drops 7.2% after credit default swaps hit a record high on higher spending plans, erasing about $100 billion in value, alongside AMD -7.4%, Nvidia -4.2%, Oracle -4.5% and Amazon -4.6%. Procter & Gamble +6.0%, Adobe +5.4% and Intuit +5.3% lead gainers.

Among other sector ETFs, homebuilders outperform (ITB +4.5%), while semiconductor funds are hit hardest (SOXX -6.3%, SMH -5.5%).

The overall mover lists show industrial and tech-adjacent names dominating the downside, with no clear single-stock gainer catalysts identified in the news feed.

Roper Technologies +9.4%
Allegion +9.3%
CoStar Group +6.9%
Equifax +6.7%
Thomson Reuters +6.1%
Coherent Corp -12.9%
Entegris -11.8%
nVent Electric -11.4%
GE Vernova -11.3%
Fabrinet -11.1%

Thematic AI and robotics funds are broadly lower, with the iShares A.I. Innovation and Tech Active ETF -6.4% and ARK Innovation ETF -4.6%, tracking the semiconductor selloff. Regional funds tied to chip supply chains also fall, with iShares MSCI South Korea ETF -4.7% and iShares MSCI Taiwan ETF -4.5%. In commodities, silver and gold miners drop sharply, with VanEck Junior Gold Miners ETF and Global X Silver Miners ETF each down 6.4% as spot silver falls nearly 5%, while the Crude Oil ETF gains 2.1% and the Brent Oil ETF rises 2.5%.