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1810, 2026

Wall Street Gets Hammered as AI Stocks Tumble and Oil Prices Surge — LGBTQ Businesses Brace for Fallout

By: Paul Goldberg – Senior Correspondent | LGBT Business Finance News NEW YORK, NY — (October 18, 2026) — Wall Street suffered another bruising session Friday, October 16, as artificial intelligence stocks plunged, oil prices surged, and renewed inflation fears rattled investors. The market turmoil is also raising questions about what rising business costs and tighter financial conditions could mean for LGBTQ-owned businesses and independent entrepreneurs. The technology-heavy Nasdaq Composite closed [...]

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