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At close · Thu, Jul 16, 2026
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Home›US Markets›ETFs›Nasdaq gives back early gains as oil price fears linger

Nasdaq gives back early gains as oil price fears linger

SpaceX fell further below its IPO price as the Nasdaq moved lower in early trading amid concerns tied to oil and AI.

Reported · Written up by our desk · ETFs

The Nasdaq lost early gains as investors remained concerned about oil prices and the outlook for AI-related spending, according to WSJ Markets.

Within the market action, SpaceX stock fell further below its IPO price, extending weakness from the opening period.

Latest closeNasdaq Comp. 25,881.95 ▼1.5%

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Sources

WSJ MarketsNasdaq Loses Early Gains as Fears Persist Over Oil Prices, AI

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