Black Monday Fears Grip Wall Street as Traders Lose $52 Million on AI Stock Bets
BeInCrypto · Sun, 18 Oct 2026 17:51:27 GMT
Hype 58/100 · Market impact 35/100 · Breaking 43/100
CNN's Fear & Greed Index fell to 18, its Extreme Fear level, after the Nasdaq lost 4.5% for the week. Traders lost nearly $52 million in ten minutes on leveraged AI and chip-stock bets while Wall Street was closed on Saturday.