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Large-cap stocks tied to housing, nuclear energy, and crypto saw biggest losses last week amid market uncertainty.

Market News
17 May 2026
Nabaparna Bhattacharya
View Source
Bearish
pluang ai news

Last week, large-cap stocks in sectors like housing, nuclear energy, crypto mining, and global commodities experienced significant declines due to earnings volatility, rising Treasury yields, geopolitical tensions in the Middle East, and weaker crypto sentiment. Notable losers included Oklo, Rocket Companies, Carvana, and AngloGold Ashanti, with some companies reporting mixed or worse-than-expected quarterly results. These factors combined to create cautious investor outlooks and sector-specific pressures, impacting momentum-driven stocks despite some positive earnings reports. The market remains sensitive to macroeconomic and geopolitical developments, suggesting continued volatility ahead.

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