Stock Market Today: Futures Rise After Friday’s Sell-Off as Oil Prices Tumble; Investors Brace for More Big-Tech Earnings

Stock futures are pointing to a higher open for major indexes Monday, as oil prices slide amid hopes for diplomatic efforts to end the Iran war.

Tech-heavy Nasdaq futures were up 0.6% recently, while futures tied to the benchmark S&P 500 and the Dow Jones Industrial Average added 0.4% and 0.3%, respectively. A tech sector rout sent major indexes reeling on Friday, pushing the Nasdaq Composite to its biggest monthly decline since March 2025, when volatility gripped financial markets owing to concerns about the Trump administration’s tariff decisions.

Markets are getting a boost this morning from news that the U.S. government would like a diplomatic resolution to the conflict in the Middle East. Following recent reports that the U.S. is preparing to strike Iran after Tuesday’s midterm elections, Secretary of State Marco Rubio said over the weekend that the U.S. would “prefer to do it peacefully.” WTI crude oil futures, the U.S. benchmark, were down 4.5% recently at just below $99.50 per barrel.

Tech stocks are rebounding this morning, as investors prepare for earnings reports from Apple (AAPL) and Palantir (PLTR) due after markets close today. Quarterly results last week from Google parent Alphabet (GOOGL), chipmaker Intel (INTC) and Amazon (AMZN) weighed on the tech sector last week.

The Roundhill Memory ETF (DRAM) was up 3% ahead of the opening bell and the iShares Semiconductor ETF (SOXX) added more than 1%, after they both dropped more than 7% on Friday. Chipmakers Nvidia (NVDA), Advanced Micro Devices (AMD) and Micron (MU) were each up more than 1% premarket after posting steep losses to end last week. Intel shares, however, remained under pressure, falling 1% in premarket trading after plunging nearly 30% on Friday.

Meanwhile, gold futures were little-changed at $3,910 an ounce this morning, after hitting their lowest level in more than a year on Friday. Bitcoin was trading at $77,600, up from Friday’s low just above $76,000.

The yield on the 10-year Treasury note, which affects interest rates on all sorts of consumer loans, was at 4.91%, down from 4.93% and Friday and at its lowest levels since early September.

NOVEMBER 2, 2026 AT 01:26 PM GMT

Stock Futures Point Higher After Friday’s Tech-Fueled Rout

Dow Jones Industrial Average futures were up 0.4%.

Futures tied to the benchmark S&P 500 rose 0.3%.

Tech-heavy Nasdaq 100-futures were up 0.6%.

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