Markets News, Oct. 19, 2026: Nasdaq, S&P 500 Start Week With Gains as Tech Stocks Rebound

The Nasdaq Composite jumped, and the S&P also rose to start the week, as investors bought a dip in tech stocks.

The tech-focused Nasdaq and benchmark S&P 500 finished Monday up a respective 1.1% and 0.4%, respectively. The Dow Jones Industrial Average was 0.1% lower. Last week, the Nasdaq had a four-week winning streak snapped, tumbling 4.5% over the five sessions, while the S&P 500 closed 2% lower, its fourth negative result in six weeks. The Dow registered a second straight weekly gain, rising 0.7%.

AI-tied stocks were among the biggest risers Monday. Roundhill’s Memory ETF (DRAM) rebounded 4% following a nearly 6% decline Friday, with components Western Digital (WDC), Sandisk (SNDK), Micron Technology (MU), and Seagate Technology (STX) advancing up to roughly 6%. The broader iShares Semiconductor ETF (SOXX) closed up almost 2% after a 4% drop to end last week, with component Intel (INTC) rising 2.5% in part because of a rating upgrade from JPMorgan.

CoreWeave (CRWV) shares, which plunged 25% last week amid concerns about the Nvidia-backed firm’s debt, rose as much as 7% in morning trade but finished 0.4% lower. Nvidia (NVDA), the world’s most valuable public company, rose nearly 1.5% after ending down 1.5% Friday.

Nvidia’s fellow Magnificent Seven mega-cap tech stock Apple (AAPL) finished 0.2% lower after ending Friday’s session the only member of the septet in the green. Meta Platforms (META) and Tesla (TSLA), which report earnings Wednesday, declined 0.6% and rose nearly 4%, respectively. The Roundhill Magnificent Seven ETF (MAGS) was up about 1.5%, led by a 5% gain by Amazon (AMZN). Morgan Stanley analysts called the stock a “Top Pick” and lifted their price target.

Elon Musk wrote on X overnight that “next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many.” Shares of SpaceX (SPCX), officially Space Exploration Technologies, rose more than 1%. The company is slated to report results tomorrow.

The 10-year Treasury yield was above 5.15% in late-afternoon trading, up roughly seven basis points from Friday’s close. The yield briefly touched 5.33% last Wednesday after hotter-than-anticipated Consumer Price Index data.

Oil prices were mixed at 4 p.m. ET as traders weighed Middle East fighting and anticipated increased Russian supplies. U.S. benchmark West Texas Intermediate crude futures were up 2.3% to $103.75 a barrel, while front-month Brent crude futures, the international benchmark, declined 0.5% to $109.35.

The U.S. dollar index, which tracks the value of the greenback against a basket of foreign currencies, was up 0.2% at 102.00, aided by the dollar’s 0.2% rise against the euro, which is slipping amid nationwide French protests about the cost of living. The price of bitcoin rose to about $82,000 from overnight lows around $80,600. Gold futures declined 0.5% to $4,160 an ounce.

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