According to CoinMeta, the U.S. market may face more turmoil next week. The Nasdaq 100 has lost over $2 trillion in October due to increasing concerns about spending on artificial intelligence. On Friday, volatility soared, with VIX rising 12.9% to 19.42 and VXN rising 13.2% to 28.50. The options market expects even greater volatility next month. The market is facing multiple pressures: the election on November 3rd will determine congressional control, affecting the government's tax, spending, and regulatory agenda. U.S. crude oil prices closed at $104.12 amid concerns about a further escalation of the situation with Iran. Higher energy prices may prolong inflation and complicate the need for interest rate cuts. On Friday, the Nasdaq Composite Index fell 2.9%, with Intel plummeting 28.6%. The election results, oil prices, and Treasury yields may determine whether stocks will stabilize or face another wave of selling.