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‘Black Monday’ fears intensify as prediction markets shrug off 2026 crash

By Ilene
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‘Black Monday’ fears intensify as prediction markets shrug off 2026 crash

By Paul L., Finbold
 

‘Black Monday’ crash fears are intensifying ahead of Monday, October 19, as Wall Street reels from an AI-led sell-off, rising oil prices, and renewed inflation concerns.

The latest turmoil has heightened concerns about a broader stock market crash in 2026. On Friday, the Nasdaq Composite fell 2.19%, the S&P 500 lost 1.22%, and the Dow Jones Industrial Average declined 0.55%, according to Reuters.

The sell-off left the Nasdaq down more than 4% for the week, while the S&P 500 recorded its worst weekly performance since January. The Cboe Volatility Index (VIX), Wall Street’s main fear gauge, surged nearly 25% to 20.57, its highest level since late July.

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