Stocks closed lower on October 13, 2026, as a memory chip selloff spread after South Korea’s Kospi fell more than 5% on fears of Chinese competition, with Micron down 13% over four days, and Johnson & Johnson dragged the Dow after MedTech growth disappointed. Breaking news: the Treasury fined Bank of America more than $1.2 billion for anti-money laundering and sanctions violations. RBC’s Michael Reid previews CPI and the Fed’s path, Yahoo Finance’s Jennifer Schonberger breaks down the IMF’s global growth outlook, and Dan Howley reviews Apple’s new smart home lineup. Plus J&J CFO Joe Wolk, Realtor.com’s Danielle Hale on housing, Franklin Templeton’s Chris Galipeau on earnings season, and the NRF on Halloween spending.
Market Domination, Market Domination Overtime and Asking for a Trend are live weekdays 3-5pm ET with Yahoo Finance Host Josh Lipton.
00:00 Stocks slip as chips sell off
01:41 Oil prices stay elevated
02:02 South Korea’s Kospi tumbles
02:56 Why memory chip stocks are falling
03:26 Elon Musk on China’s manufacturing scale
03:44 Micron’s four-day slide
04:04 RBC’s Michael Reid previews CPI
04:47 What to expect from core inflation
05:11 Where higher prices are already showing up
05:57 Older vs. younger consumers
06:31 The Social Security cost-of-living adjustment
07:52 Interest payments and younger households
08:15 The Fed’s path
09:20 What PPI could signal
10:07 Do companies still have pricing power?
10:44 The IMF cuts its global growth outlook
11:27 The Strait of Hormuz and the 2027 rebound
12:03 The IMF on AI and productivity
12:26 Winners and losers from the oil shock
13:40 The AI boom and inflation
14:41 What it means for the Fed
21:17 Apple’s new smart home lineup
22:53 Apple TV 4K, HomePod mini and Siri
23:15 Taking on Amazon and Google
23:57 How much it costs
25:32 Apple’s LG and Schneider Electric partnerships
27:00 Apple’s privacy pitch
27:59 Can Apple compete with Alexa+?
34:44 J&J CFO Joe Wolk on raising guidance
36:39 How J&J plans to fix MedTech
38:20 J&J’s new oral psoriasis pill
40:08 Tremfya’s growth
40:58 Why J&J is leaning toward an orthopedics spinoff
42:25 Drug pricing and the FDA
48:16 Realtor.com’s Danielle Hale on existing home sales
50:01 Homes under contract
51:10 Do buyers or sellers have the upper hand?
52:04 Could mortgage rates hit 8%?
53:20 How to rate-proof your budget
54:00 How to get a better mortgage rate
1:00:04 Closing bell
1:01:03 J&J drags the Dow
1:01:51 Domino’s falls on same-store sales
1:02:12 Franklin Templeton’s Chris Galipeau on the market
1:02:56 What the banks said about the consumer
1:03:56 IPOs delayed, not canceled
1:04:35 Hyperscaler debt
1:05:24 Is the earnings bar too high?
1:06:53 The volatility window
1:14:53 Breaking: Bank of America fined $1.2 billion
1:17:32 Halloween spending to hit $13.5 billion
1:20:29 Using AI to plan Halloween
1:20:49 Pet costumes
1:21:32 What Halloween says about the holidays
1:22:33 What to watch Wednesday
#StockMarket #Inflation #Micron #MarketDomination #YahooFinance
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