Thu Oct 22 — S&P 500 -1.2% to 7,663 as Meta's AI capex raise detonates the trade it lit Wednesday: Meta -7%, Lam Research -8%, SOXX -6.5%, defensives lead (XLP +3.3%, XLU +2.1%); Brent spikes toward $112 on reported Saudi oil-field attacks; the 10-year falls ~19 bp to 4.95%; FOMC six days out.