S&P 500 Opens Down 68 Points as Risk-Off Selling Hits the Market
As seen on the 24/7 Wall St. homepage on October 22, 2026.
- S&P 500-0.88%
- Dow Jones Industrial Average—
- Nasdaq Composite—
Sixty-eight points came off the S&P 500 in the first minutes of trading, a risk-off open that leaves rate-sensitive and high-multiple names most exposed today. Keep an eye on whether buyers step in before midday.
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The S&P 500 shed 68 points at the October 22 open, and that kind of immediate selling pressure concentrates pain in rate-sensitive sectors and high-multiple growth names that carry the most valuation risk when buyers pull back fast.
A gap lower at the bell with no immediate bounce signals that sellers came in with conviction.
The key moment to monitor is whether buyers surface before midday.
Investors weighted toward long-duration assets or richly valued technology stocks have the most reason to keep a close eye on price action as the morning develops.