On Thursday, the major U.S. indices were broadly under pressure amid renewed concerns over the scale of AI infrastructure spending and higher oil prices.

The Nasdaq 100 tumbled 863 points (-2.90%) to 28,958, and the S&P 500 dropped 93 points (-1.21%) to 7,663. The Dow Jones edged up 11 points (+0.02%) to 52,867.

The U.S. 10-year Treasury yield fell 15.8 basis points to 4.961%.

Regarding U.S. economic data, initial jobless claims came in at 194,000, below the 200,000 expected. The Leading Index was unchanged month-on-month in September, versus a 0.1% decline expected.

Lockheed Martin (LMT) jumped 6.96% after the Pentagon signed a 10-year framework agreement covering 850 F-35 fighter jets for the U.S. military, along with additional aircraft for international customers.

Lam Research (LRCX) fell 11.76% after its December-quarter outlook disappointed investors, with supply constraints limiting near-term growth.

Moderna (MRNA) fell 17.57% as leaked Phase 3 melanoma vaccine data, showing a 42% cut in recurrence or death risk versus Keytruda alone, prompted sell-the-news selling after a near-fourfold rally since August.

Blackstone (BX) jumped 8.38% after third-quarter profit beat expectations, supported by strong inflows that lifted assets under management to 1.37 trillion dollars.

Meta Platforms (META) fell 6.98% as surging AI infrastructure spending overshadowed stronger-than-expected third-quarter revenue and guidance.

Amazon (AMZN) fell 4.57% amid renewed focus on AI-driven restructuring, after the company previously announced plans to cut 16,000 corporate jobs.

In after-hours trading, Western Digital (WDC) reported fiscal first-quarter adjusted EPS of 4.64 dollars, above the 4.09 dollars expected. Bloom Energy (BE) reported third-quarter adjusted EPS of 0.94 dollars and raised its full-year 2026 revenue guidance to 4.4 - 4.6 billion dollars.

In Europe, the DAX 40 fell 1.07%, the CAC 40 dropped 1.39%, and the FTSE 100 declined 0.26%.

In the commodities market, gold dropped 118 dollars (-2.84%) to 4,023 dollars, its lowest level in nearly 3 months. U.S. WTI crude oil futures (December) climbed 2.32 dollars (+2.39%) to 99.47 dollars a barrel.The U.S. dollar slipped, with the dollar index declining 0.13 points (-0.13%) to 101.648.

EUR/USD fell 20 pips (-0.18%) to 1.1212, and GBP/USD was little changed, slipping 2 pips (-0.01%) to 1.3392.

USD/JPY dropped 126 pips (-0.80%) to 156.87 and USD/CHF declined 34 pips (-0.41%) to 0.8210.

AUD/USD slipped 11 pips (-0.16%) to 0.7016.

USD/CAD declined 31 pips (-0.22%) to 1.4014 as Canada's Producer Price Index rose 14.5% year-on-year in September, above the 14.1% expected.

Bitcoin dropped 3,301 dollars (-3.90%) to 81,334 dollars.