Market Retreats from AI 'Dead Cat Bounce;' GE, GM & NOC Beat Earnings

Monday's AI-led rally is pulling back ahead of Tuesday's opening bell, something Kevin Green points to as evidence of a "dead cat bounce." He discusses why investors are once again selling off tech as the S&P 500 (SPX) and Nasdaq-100 (NDX) move back to Friday's selloff levels. KG then runs through GE Aerospace (GE), Northrop Grumman (NOC), and General Motors (GM) earnings as all move to the downside despite notable earnings beats. Apple (AAPL) getting a downgrade from Loop Capital does no favors for the tech narrative.

Morning Movers

20 Oct 2026

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